John purchased a novel for Rs. 20000, and sold it for Rs. 16000. Find the loss per cent.

John purchased a novel for Rs. 20000, and sold it for Rs. 16000. Find

1.	John purchased a novel for Rs. 20000, and sold it for Rs. 16000. Find the loss per cent.
A.	20%
B.	22%
C.	24%
D.	26%
Answer» B. 22%

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John purchased a novel for Rs. 20000, and sold it for Rs. 16000. Find the loss per cent.

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