Akash buys an article and sells it to Ankit at a profit of 12%. Ankit sells it back to Akash at the price which Akash previously paid for it. What is Ankit percentage loss?
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Answer:
10.71%
Step-by-step explanation:
let akash had paid 100 rupees at first
then selling price of it=100+12=112rupees
Ankit's selling price=100
then total loss=112-100=12rupees
parcentage of loss=12/112*100=10.71%
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