Image sold for 50000 each one watch hi jeans 20% and on the other he lost 20% what is his neck chain or loss what percent
Answers
Answer:
Percentage loss is a pivotal concept in this section. Many examples are directly or indirectly based on the concept of Percentage loss. In the following section, we will recall all the important concept of this section. We will also see how we can represent the loss in the form of a percentage. We have solved examples and practice questions. Let us see further!
Profit and loss is the branch of basic mathematics which deals with the study of profit and loss made in a business transaction. The profit and loss account is fundamentally a summary of the trading transactions of a business and shows whether it has made a profit or loss during a particular period of account. Indeed, by deducting the total expenditure from total income the profit or loss of a business can be calculated. Along with the balance sheet, it is one of the key financial statements that make up a company’s statutory accounts. Basically, this type of account shows the following information for a business
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Answer:
SP
CP
=
100±x
100
⇒ Total CP =417+568≅985
Since CP < SP
∴ Profit =1000−985=15
⇒ %P ≅
985
15
×100≅1.5%
Step-by-step explanation:
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