A phone bought for Rs. 2,400 is sold for Rs. 2,100. The loss percentage is:

  1. 12.5%
  2. 300%
  3. 14.29%
  4. 14.5%
Answer

A) 12.5%

Loss = 300. Loss % = 3002400 100 = 12.5%. SLO M-09-A-09 · Application

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