A man purchased a semi automatic washing machine for 12000 and sold it for 9000. Find the profit% or loss%
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Answer:
loss% is 25%
Explanation:
Cost price of washing machine C.P = 12000
Selling price of washing machine S.P = 9000
Loss= C.P - S.P
= 12000-9000
=3000
loss% = ( loss×100)/ C.P
=(3000×100)/12000
=300000/12000
=25
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