An article costing Rs. 25,420/- was sold at Rs. 15,850/-, then the percentage loss is.
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1
Answer:
37.6 %
Step-by-step explanation:
Cost price = Rs. 25420
Selling price = Rs. 15850
Loss = C.P -S. P
Loss = 25420 -15850
loss = 9570
Loss Percentage
=
Answered by
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Given - Cost price and selling price
Find - Percentage loss
Solution - The percentage loss is 38%.
Percentage loss can be calculated by the formula = Loss /cost price*100
Loss = Cost price - selling price
Loss = 25420 - 15850
Loss = Rupees 9570
Keep the values in the formula to find the value of percentage loss.
Percentage loss = 9570/25420*100
Performing division to find the percentage loss.
Percentage loss = 0.38*100
Performing multiplication to find the percentage loss.
Percentage loss = 38%
Hence, the percentage loss is 38%.
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