how to solve this problem?????
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Answer:
Loss % = 25%.
Step-by-step explanation:
Let the Cost Price of article represented by C.P.
Selling Price of article represented by S.P.
We are also given that S.P. = (3/4) of C.P.
S.P. = --------- [Equation 1]
Now, Loss = C.P. - S.P.
Loss = C.P. - { Using equation 1}
Loss = =
Loss% formula =
= = = 25%
Therefore, loss percent is 25%.
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