Robert buys a radio for Rs. 500 and sells it for Rs. 200. The loss percentage is

A) 40%
B) 50%

C) 60%
D) 70%

Correct answer:
C) 60%

Description for Correct answer:
\( \Large\frac{500}{100} = \frac{300}{?} \)
? = 60 %

Please provide the error details in above question

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