Cost price of a watch is Rs 530. If the loss percentage is 24%, then what is the value (in Rs) of loss?

Options

A. 127.2
B. 153.2
C. 139.4
D. 114.2

Answer

To find the value of the loss when the cost price of a watch is Rs 530 and the loss percentage is 24%, we can follow these steps:

### Step-by-Step Solution:

1. **Identify the given values**:
- Cost Price (CP) = Rs 530
- Loss Percentage = 24%

2. **Use the formula for loss**:
The formula to calculate the loss based on the loss percentage is:
\[ \text{Loss} = \left(\frac{\text{Loss Percentage}}{100}\right) \times \text{Cost Price} \]

3. **Substitute the values into the formula**:
\[ \text{Loss} = \left(\frac{24}{100}\right) \times 530 \]

4. **Calculate the multiplication**:
First, simplify the fraction:
\[ \text{Loss} = 24 \times 530 \div 100 \]

5. **Perform the multiplication**:
\[ 24 \times 530 = 12720 \]

6. **Divide by 100**:
\[ \text{Loss} = \frac{12720}{100} = 127.2 \]

7. **Conclusion**:
The value of the loss is Rs 127.2.

### Final Answer:
The value of loss is Rs 127.2.

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