Madhu and kavitha purchased a new house for ₹3, 20,000. Due to economic problems they sold the house for ₹2, 80,000 then find the loss percentage
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Answer:
12.5%
Step-by-step explanation:
cost prize=₹3, 20,000.
selling prize=₹2, 80,000
loss=cost prize-selling prize
=₹3, 20,000-₹2, 80,000
=₹40,000
loss%=loss/cost prize×100
=₹40,000/₹3, 20,000×100
=1/8×100
=12.5
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