CP-10500 SP-8670 find gain or loss percent
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Answer:
LOSS PERCENTAGE IS 17.42 %
Step-by-step explanation:
COST PRICE = ₹ 10,500
SELLING PRICE = ₹ 8,670
HERE, COST PRICE (C.P) > SELLING PRICE (S.P)
SO, LOSS OCCURS
LOSS = C.P - S.P
LOSS = ₹ 10,500 - ₹ 8,670
LOSS = ₹ 1,830
THEREFORE,
LOSS % = LOSS × 100 ÷ C.P
LOSS % = ₹ 1,830 × 100 ÷ ₹ 10,500
LOSS % = 17.42 %
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