Cost Price is 880 and selling Price is 820.we have to find loss Pexcantange and
loss amount?
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Answer:
Cost Price = ₹ 880
Selling Price = ₹ 820
Since, CP > SP, there is loss.
Loss = ₹ ( 880-820 ) = ₹ 60
Loss% = (Loss / CP × 100) %
= (60 / 880 ×100) %
= 6.81 %
Hence, the loss % = 6.81 %.
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