A Radio bought for Rs. 1200 is sold for 4/5 of the cost price. Find the loss percentage
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Answer:
Step-by-step explanation:
Cost price of Radio = 1200
Selling price = 4/5 of 1200 = 960
Loss = CP - SP = 1200 - 960 = 240
Percentage = Loss price/ Cost price * 100%
= 240/1200 * 100 %
= 20%
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