Find the loss percentage of Banrap incurred a loss of ₹310 when he sold cosmetics for ₹1550
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Answer:
SP = ₹1550
Loss = ₹310
So CP = SP + Loss = 1550 + 310 = ₹1860
Loss % = Loss/CP × 100%
= 310/1860 × 100% = 50/3 % = 16 2/3 %
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