In a shopkeeper buys almost at ₹250 per kg and sells them at ₹10 per 50 g, then he gain or loss percent.
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the price he buy :- 250/kg
the price he sold :- 10/50g
10/50×1000
1/5×1000
200
Hence he get ₹200 after selling stuff at 10/50 g
Amount he spend is ₹250/-
Amount he get ₹200/-
Hence he experienced loss of ₹50/-
loss percentage :-
loss/cost price ×100
50/250×100
1/5×100
20%
Hence his loss percentage is 20%.
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