Alisha bought apples for rs. 2000 and sold it for rs. 1900. Find profit or loss? What was it's percentage?
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Answer:
Purchase Price = 2000
Selling Price = 1900
So, Loss = 100
Calculating Loss Percentage is 100 (loss) / 2000 (Purchase price) * 100 (as percent)
Therefore, Percentage of Loss = 5%
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