Rishi bought a wrist watch for `"Rs 2200"` and sold it for `"Rs 1980"`. Find his loss and loss percent.

Options

A. LOSS`= "Rs. 280"`
`LOSS%=20%`
B. LOSS`= "Rs. 220"`
LOSS`%=10%`
C. LOSS`= "Rs. 360"`
LOSS`%=30%`
D. LOSS`= "Rs. 220"`
LOSS`%=8%`

Answer

To solve the problem step by step, we will calculate Rishi's loss and the loss percentage based on the given cost price (CP) and selling price (SP).

### Step 1: Identify the Cost Price and Selling Price
- Cost Price (CP) = Rs. 2200
- Selling Price (SP) = Rs. 1980

### Step 2: Calculate the Loss
Loss can be calculated using the formula:
\[ \text{Loss} = \text{Cost Price} - \text{Selling Price} \]
Substituting the values:
\[ \text{Loss} = 2200 - 1980 \]
\[ \text{Loss} = 220 \]

### Step 3: Calculate the Loss Percentage
Loss percentage can be calculated using the formula:
\[ \text{Loss Percentage} = \left( \frac{\text{Loss}}{\text{Cost Price}} \right) \times 100 \]
Substituting the values:
\[ \text{Loss Percentage} = \left( \frac{220}{2200} \right) \times 100 \]

### Step 4: Simplify the Calculation
Now, simplify the fraction:
\[ \text{Loss Percentage} = \left( \frac{220}{2200} \right) = \frac{1}{10} \]
Now multiply by 100:
\[ \text{Loss Percentage} = \frac{1}{10} \times 100 = 10\% \]

### Final Answer
- Loss = Rs. 220
- Loss Percentage = 10%

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