A dealer bought a tin for ₹15.50 and sold it for ₹ 14.00. how much did he lose ?
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Answered by
1
Answer: the dealer had a loss of ₹1.5
Step-by-step explantion - So here, CP > SP, so it is a loss.
Loss = CP(Amount of what it was bought) - SP( Amount it was sold)
= 15.50 - 14.00
= ₹1.5
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Answered by
1
Answer:
Loss= Cost price - Selling price
Loss= 15.50 - 14.00
= 1.50
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