if loss is 1/3 rd of sp ,the loss precentage is
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Step-by-step explanation:
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Answer:
25%
Step-by-step explanation:
L = CP - SP
SP/3 = CP - SP
CP = SP(1+1/3) = (4/3) SP
Now...
L% = L×100/(CP)
L% = (SP/3) × 100/(4/3)SP
L% = (1/4) × 100
L% = 25%
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