Asmita bought a saree for ₹4,800 and sold it for ₹4,200 after 1 year. Find her loss percentage.

Question

Question

This question was previously asked in

RPF Constable 2024 Official Paper (Held On 05 Mar, 2025 Shift 1)

Answer 1

Given:

Cost Price (CP) = ₹4,800

Selling Price (SP) = ₹4,200

Formula used:

Loss Percentage = \(\dfrac{\text{Loss}}{\text{Cost Price}} \times 100\)

Where, Loss = Cost Price - Selling Price

Calculations:

Loss = ₹4,800 - ₹4,200

⇒ Loss = ₹600

Loss Percentage = \(\dfrac{600}{4800} \times 100\)

⇒ Loss Percentage = \(\dfrac{60000}{4800}\)

⇒ Loss Percentage = 12.5%

∴ The correct answer is option (4).

Download Solution PDF