Question

if Cost prize is Rs 720 and selling prize is Rs 660 than loss %will be??
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Answer 1

Cost prize = 720

Selling price = 660

Loss = 720 - 660

= 60

Loss % =

$\frac{60}{720} \times 100 \\ \\ = \frac{1}{12} \times 100 \\ \\ = \frac{100}{12} \\ \\ = 8.33\%$

Hope it helps.