during end of season sale 6 sweater was sold at the CP of 5 sweaters what was the loss percentage
This is the question of profit and loss
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Answer:
let the CP = 100
CP of 6 sweaters = 100×6 =600
CP of 5 sweaters =100×5=500
loss = 600-500=100
%of loss = loss/CP×100
=100/100×100
= 100%
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