A product costs ₹600 and is sold for ₹540. What is the loss percentage?
Show answer & explanation
Correct answer: B
Explanation
cost price (CP) = ₹600
Selling Price (SP) = ₹540
Loss = 600 - 540
= ₹60
Loss Percentage = (60/600) × 100
= 10%
SSC Selection Post - Matriculation Level - 26th July 2025 - Shift 1 • Quantitative Aptitude • Q38
A product costs ₹600 and is sold for ₹540. What is the loss percentage?
Correct answer: B
Explanation
cost price (CP) = ₹600
Selling Price (SP) = ₹540
Loss = 600 - 540
= ₹60
Loss Percentage = (60/600) × 100
= 10%