Given CP = RS. 3,50.000 and SP RS. 3,25,000. Find out loss or
gain, and that percentage also
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Answer:
it is obviously a loss cuz cp is greater than sp
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Step-by-step explanation:
since CP > SP. therefore , its loss
Loss amount = CP - SP
= 3,50,000 - 3,25,000
Loss amount = 25,000
Loss % = loss / CP × 100
= 25,000/3,50,000×100
Loss % = 7.14 %
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