an article was bought for $12500and sold at a loss of 121/2% find the loss and selling price
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Step-by-step explanation:
Cost Price (CP) of an article = ₹12,500
Loss% of the article = 121/2%
Loss = Loss%/100×CP = 121/2÷100×12500= ₹7562.5
Now, SP of the article = CP-Loss = ₹12500-₹7562.5 = ₹4937.5
Hope you understand
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