A dealer bought a sofa set for rs 5000 and sold it at rs 4000. Find his loss percent
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Answer:
20 %
Step-by-step explanation:
CP of sofa set=5,000
SP of sofa set= 4,000
loss = 5,000-4,000= 1,000
loss %= loss/CP*100
= 1,000/5,000*100
= 20 %
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