2. Virat and Samrat together invested 50000 and 120000 rupees to start a business. They suffered a loss of 20%. How much loss did each of them incur?
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Answer:
Virat loss = 20/100 × 50000
= RS 10,000
Thus, Virat incurred loss of RS 10,000
Samrat loss = 20/100 × 120000
= RS 24,000
Thus, Samrat incurred loss of RS 24,000
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