A book Costing Rs 320, sold for Rs 210. find loss and loss percentage
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LOSS = COST PRICE - SELLING PRICE
LOSS = RS 320 - RS 210
LOSS = RS 110
LOSS PERCENTAGE = (LOSS × 100) ÷ COST PRICE
LOSS PERCENTAGE = (110 × 100) ÷ 320
LOSS PERCENTAGE = (11,000) ÷ 320
LOSS PERCENTAGE = 34%
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