by selling an article for Rs 7700, a man incurs a loss of Rs 1100. Find his loss percent
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Answer:
Sp of article = ₹7700
Loss = ₹1100
Cost price = SP+Loss
CP = ₹7700+₹1100
CP = 8800
Loss% = Loss×100/CP
Loss% = 1100×100/8800
Loss% = 110000/8800
Loss%= 12.5%
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