By selling 80 notebooks, Amrita losses an amount equal to the selling price of 10 notebooks. What is her loss percent (to the nearest integer)?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. 11%.
Let the SP of 1 notebook = ₹1
Then SP of 80 notebooks = ₹80
Loss = SP of 10 notebooks = ₹10
So, CP = SP + Loss = 80 + 10 = ₹90
Loss % = × 100 = 11.11% ≈ 11%