Question

Mohandas had to sell saree for $1700 for which he had to pay $2000 when he had purchased it.What is his loss?

Answer 1

His loss is cost price - selling price that is ($2000-$1700) = $300

Answer 2

CP = ₹ 2000
SP =₹ 1700

Loss =। SP - CP ।
=> । 1700 - 2000 ।
=> 300

Loss % = 300/2000 × 100 = 15 %

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