Math, asked by kashishsharma6468, 4 months ago

A shopkeeper bought a chair for rs.500 and sold at rs.400 find loss or gain percentage ? please explain step by step

Answers

Answered by mathisfun123

1

Answer:

Cost price of Chair = Rs 500

Selling price of Chair = Rs 400

Resultant loss = Rs 100

Now, Loss (%) = [100 / 500 ] * 100 = 20%

Answer- Loss = 20%

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