A man buys an article for 4 90 Rupees and sells it for 465 point 50 rupees find his loss percentage
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Answer:
5% loss
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Step-by-step explanation:
cost price(c.p)= ₹490
selling price(s.p)= ₹465.50
loss= c.p - s. p
= 490-465.5
=₹ 24.5
loss%= ( LOSS÷CP ) × 1000
= (24.5÷490)×100
=0.05×100
= 5% loss
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