house is sold at rupees 9000 at a profit of 12 and half percent if the house would have been sold at rupees 7600 what would be the profit percent or loss percent
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If the house was sold at 7600₹, then the total loss percentage would be 5%
Step-by-step explanation:
We have already given that,
- Selling price = 9,000
- profit percentage=112.5%
Cost price = selling price ×100/ profit percentage
- => 9,000×100/112.5=8,000
- The cost price = 8,000
- If we sold the house at = 7,600
Loss = cost price - selling price
- => 8,000-7,600=400
It would be a loss of = 400
Loss percentage= loss/cost price×100
- => 400/8,000×100=5%
The loss percentage on selling the house at 7,600₹ , will be 5%.
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