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An article costs ₹500 and is sold for ₹450. Find the loss percentage.

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Question ID #26216 UPSC UPSC EPFO APFC 2026 Mock Test Series UPSC EPFO APFC Elementary Mathematics Sectional Test 2026 Medium

Correct Answer: A. 10% loss
Loss% = |SP-CP|/CP ×100 = 10%.

Question: An article costs ₹500 and is sold for ₹450. Find the loss percentage.

A. 10% loss

B. 50% loss

C. 15% loss

D. 5% loss

Correct Answer: A. 10% lossLoss% = |SP-CP|/CP ×100 = 10%.

An article costs ₹500 and is sold for ₹450. Find the loss percentage. - MCQ Explanation

This question is useful for exam preparation because it provides direct multiple-choice practice with options, answer checking and explanation.

Correct answer: A. 10% loss