Cost price =88000
(CP)
Selling price
(SP)
Profit
Loss
Profit
Loss%=20%
Answers
Answered by
2
Answer:
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Step-by-step explanation:
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Answered by
2
Answer:
cp=88000
sp=?
profit=?
loss=?
profit%=?
loss%=20%
now,
sp=(100-L%)cp/100
=100-20*88000/100
=80*88000/100
=7040000/100
=70400
sp=70400
again,
profit=sp-cp
70400-88000
=-17600
profit=17600
then,
loss=cp-sp
=88000-70400
=17600
finally,
prfit%=profit/cp*100
=-17600/88000*100
=20%
profit%=20%
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