Mapreet bought a land for ₹50000 and sold it at a loss of 15%.How much did he sell for it??
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Step-by-step explanation:
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Answer:
Rs. 42,500
Step-by-step explanation:
Cost price = Rs. 50,000
Loss = 15/100 * 50,000 = Rs. 7,500
Therefore sell price = 50,000 - 7,500
= Rs. 42,500
We've subtracted since there is a loss and so cost price should be greater than sell price.
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