if a man buys an article for Rs 120 and sells it for Rs 100, then his loss percent is
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Answer:
loss percentage = 16.66
Step-by-step explanation:
loss percentage= 100×loss/cost price
loss=cost price-selling price
in this question -
cost price=120
selling price=100
loss=120-100
loss=20
loss percentage=100×20/120
=2000/120
loss percentage=16.66%
I hope it will help you
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