If a radio is purchased for Rs 490 and sold for Rs 465.50 Find the loss%?  Select the correct option:  A) 3%  B) 4%  C) 5 percent  D) 6%  E) None of these
Explanation :   Loss = 490 – 465.5 = 24.5 loss in % = 24.5/ 490 x 100 = 5%.   Answer : 5 percent
<result>C</result>
If a radio is purchased for Rs 490 and sold for Rs 465.50 Find the loss%?