a farmer sells his product at a loss of 8%. if sp is rupees 27600 , what is his actual loss? what is his cost price
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Answered by
3
Answer:
SP = 27600
loss = 8%
CP = ?
loss = ?
loss% = (CP-SP)/SP ×100
⇒ 8/100 = (CP-27600)/CP
⇒ 0.08×CP = CP - 27600
⇒ 0.08CP - CP = -27600
⇒ -0.92CP = -27600
⇒ CP = 27600/0.92
⇒ CP = Rs. 30000
Actual loss = 30000 - 27600 = Rs. 2400
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Answered by
2
Step-by-step explanation:
put 27600 = 92 %
92 % = 27600
1%=27600/92 =300
100%=300*100=30000
actual loss = 30000-27600=2400
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