Question

Amit buys a book for ₹275/- and sells it at a loss of 20%. How much is the loss?​

Answer 1

Answer:

$loss\% = \frac{loss}{cost \: price} \times 100 \\ \\ loss = \frac{20 \times 275}{100} = \frac{275}{5} = 55$

So, loss = ₹55

Answer 2

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