If the cost price of furniture was Rs 1200 and the seller decides to sell the item at Rs 1125. Find the loss %
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Answer:
Step-by-step explanation:
Loss = CP - SP
Loss = 1200 - 1125
Loss = 875 Rs.
Loss % = Loss/ C.P x 100
Loss % = 875 / 1200 x 100
Loss % = 875 / 12
Loss % = 72.9%
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