CP : rs 4500 SP : rs 4250
find out the loss and loss percent
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Answer:
Loss Percent = 5.5 %
Step-by-step explanation:
Given that ;
CP = 4500
SP = 4250
SP < CP ; Loss
Loss = CP - SP
Loss = 4500 - 4250
Loss = 250
Loss percent = Loss / CP × 100
L% = 250 / 4500 × 100
L% = 250 / 45
L% = 5.5 %
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