if SP=£50,CP=£65,then what is the profit or loss%?
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SP=50
CP=65
Since CP>SP
Loss=CP-SP
=65-50=15
Loss%=Loss/CP × 100
=15/65 × 100=23.0769%
CP=65
Since CP>SP
Loss=CP-SP
=65-50=15
Loss%=Loss/CP × 100
=15/65 × 100=23.0769%
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