Correct Answer - Option 2 : Loss 10%

**Given:**

Selling Price 1 = Rs.2300

Profit percentage = 25%

Selling Price 2 = Rs.1656

**Formulas used:**

Selling Price = Cost Price × (100 + Profit)%

Loss = Cost Price - Selling Price

Loss Percentage = Loss/Cost Price × 100

**Calculation:**

Cost Price = 2300 × 100%/(100 + 25)%

⇒ Rs.1840

Loss = Rs.1840 - Rs.1656 = Rs.184

**∴ Loss percentage = 184/1840 × 100 **

**⇒ 10%**