Karan bought a thermos flask for rs 970 and sold it at a loss of 10% find his selling price
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Cost price C.P.=RS.720
Selling price S.P.=Rs.698.40
We need to find the loss percent.
Loss percent =
C.P.
loss×100
Loss =C.P−S.P
=720−698.40
Loss =Rs.21.60
Therefore loss percent =
720
21.60×100
=3%
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