a merchant bought a table for 1250 and sold it for 1200 find the loss per cent
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Given that : Cost Price = 1250 Rs. and
Selling Price = 1200 Rs.
Loss = C.P. - S.P.
=> Loss = 1250 - 1200 = 50 Rs.
Loss% = (Loss/C.P.)×100
=> Loss% = (50/1250)×100
=> Loss% = 4
So, the loss% will be 4%
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