Cost price of 6 fan = ₹ 8400, selling price of each fan = ₹ 1330. .’. percentage of profit or loss = _____
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Answer :
Loss of 0.83 %
Step-by-step explanation:
C.P. of 1 fan = 8400 / 6 = 1400 Rs
S.P. of 1 fan = 1330
Clearly S.P. is less than C.P. , hence there is a loss .
Loss = 1400 - 1330 = 70 Rs
Loss percentage = ( Loss / C.P. ) * 100 = ( 70 / 8400 ) * 100 = 10 / 12 = 0.83 % Approx
Hence , loss% = 0.83 %
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