CP=40 SP=20 L/P= what's the dolution
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Answer:
Loss is of ₹ 20.
Loss percentage is 50% .
Step-by-step explanation:
Given -
SP = ₹ 20
CP = ₹ 40
Find gain or loss percentage.
As,
CP is more than SP. So, loss occurred.
Loss = cp - sp
Where,
SP= Selling price
CP = Cost price
By putting given values
So,
Loss is of ₹ 20.
We know that,
Loss percentage =
By putting given values
Loss percentage =
By dividing 20 and 40 by 10 we get
Loss percentage =
Loss percentage =
Loss percentage =
Loss percentage
Hence,
Loss percentage is 50% .
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