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Question : The cost price of a watch is Rs. 750. If the loss percentage is 40 percent, then what is the value of loss?

Option 1: Rs. 300

Option 2: Rs. 280

Option 3: Rs. 420

Option 4: Rs. 220


Team Careers360 7th Jan, 2024
Answer (1)
Team Careers360 11th Jan, 2024

Correct Answer: Rs. 300


Solution : Given,
Cost Price = Rs. 750
Loss % = 40%
$\therefore$ Value of the loss = $750\times\frac{40}{100}$ = Rs. 300
Hence, the correct answer is Rs. 300.

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