Mary bought a scooter for Rs 20,000 and sold it for Rs 18,000. Find out the loss percentage incurred by Mary in this business.
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Answer: 10 PERCENT LOSS
Step-by-step explanation:
COST PRICE=20000
SELLING PRICE=18000
LOSS AMOUNT =2000
LOSS PERCENTAGE=LOSS/COST PRICE x100
2000/20000 x 100
LOSS PERCENTAGE =10 PERCENT LOSS
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