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A person sells 400 mangoes at the cost price of 320 mangoes. His percentage of loss is
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- 10%
- 15%
- 20%
- 25%
Correct Option: C
Let the C.P. of one mango be Rs. 1.
then , C.P. of 400 mangoes = Rs. 400.
S.P. of 400 mangoes = Rs. 320.
Loss = 400 - 320 = Rs. 80
| ∴ Loss percent = | × 100 | C.P. of 400 mangoes |
| Loss percent = | × 100 = 20% | 400 |
