price of bicycles is 800rs after 6 month its price become 650 what is decrease percentage
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The amount for which the cycle is bought is cost price (C.P)
The amount for which the cycle is sold is selling price (S.P)
Therefore the Formula for calculating profit in % is
Profit in % =[ (S.P-C.P)/C.P ] x 100
= [ (1080–900)/900 ] x 100
=[ (180)/900 ] x 100
= [ 0.20 ] x 100
=20%
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