A man brought coconuts for Rs.650/-and sold these for Rs. 598/-. What is the percentage of loss
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Answer:
Coconuts brought at = Rs. 650
Coconuts sold at = Rs. 598
Loss = 650 - 598 = Rs. 52
Loss percentage = 52 × 100 = 8 %
___
650
Ans. 8 %
Hope it helps.
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