find the loss percentage when a man loses rupees 315 by selling a ceiling fan for rupees 1260
please give. answer in explanation
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Step-by-step explanation:
SP= 1260
loss= 315
According to formula
Loss= CP - SP
315 = CP - 1260
315 + 1260= CP
CP=1575
Loss%=(loss/CP)×100
(315/1575)×100
(1/5)×100
20%loss
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