By selling a commodity for Rs.15,000, Subir loses Rs.2,000. What is his percentage loss?
Show answer & explanation
Correct answer: A
Explanation
The correct answer is Option 1 i.e. %.
Required percentage = (17000 - 15000)/17000 × 100
⇒ 2000/17000 × 100 = 200000/17000 = 200/17 = %