C. CP= * 80, loss = 5 find the percentage of profit and loss
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Given information,
CP = Rs. 80
Loss = 5
To find-
The value of loss or profit percentage.
Solution -
As loss is occurred we have to find out the loss percentage.
As we know that,
Loss =
Where,
CP = cost price
SP = selling price
So by putting the given values in the formula
Selling price Rs. 75
we know that,
Loss percentage =
Loss percentage =
Loss percentage =
Multiply the 5 by 10 we get
Loss percentage =
By dividing 50 by 8 we get
Loss percentage =
Hence,
Loss percentage is 6.25 % .
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