By selling an article for RS 300 a man loss 25%.Find his percentage loss if he sold it for Rs.350
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Answer:
Selling price of an article = 300
Loss % = 25%
cost price of the article = (Selling price * 100) \ 100 - Loss %
= ₹300 * 100 \ 100 - 25
= ₹300 * 100 \ 75
= ₹400
if new selling price = ₹ 350
cost price of the article = (Selling price * 100) \ 100 - Loss %
400 = 350 * 100 \ 100- loss %
100-loss% = 350 * 100 \ 400
- loss % = 87.5 - 100
loss % = 100 - 87.5
= 12.5 %
Answer = 12.5%
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