a retailer bought a bicycle for rs 9,600. if he sold it a t2% loss. how much was his actual loss? find the sealling price of the bicycle.
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Answer:
c.p = 9600
he made a loss of 12% on c.p
on 100 rupees his loss is rs.12
on 1 rupee his loss = 12/100
on 9600/- he lost = 96*12= 882/-
so his s.p = 9600-892= 8708/-
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