Please solve this question.
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TOTAL COAST PRICE = 12,000 + 2850 = 14,850
& , SELL PRICE = 13,860
Since , C.P > S.P
i.e ; LOSS
( 14,850 - 13,860 ) = 990
Therefore ,
% LOSS = ( LOSS / C.P ) × 100
% LOSS = ( 990 / 14, 850 ) × 100
% LOSS = 1/ 15 × 100 = 6.66.. %
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