A person bought one kilogram of oranges for Rs.80 and sold for Rs.60. Find the loss in percentage?
A person bought one kilogram of oranges for Rs.80 and sold for Rs.60. Find the loss in percentage?
Explanation
Loss = Cost price - Selling price = 80 - 60 = 20
Loss percentage = (Loss / Cost price) * 100 = (20 / 80) * 100 = 25%