Q 40.
Juhi bought a TV set for = 45000. Two years later she moved to Chennai and sold it for
32500. Her percentage loss is
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Answers
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Given :
- SP and CP
To find :
- The loss percentage
Loss% formula :
Solution :
Since,
- CP = 45000
- SP = 32500
Here CP > SP. Therefore, there is loss.
a/q,
- Her percentage of loss is ?
More explanation :
- Profit and loss always depend on cost price ( CP ).
- If selling price ( SP ) is greater than cost price ( CP ) then there is profit.
- On the other hand, If cost price( CP ) is greater than selling price ( SP ) then there is loss.
Profit :
- P = SP - CP, SP > CP
Loss :
- L = CP - SP, CP > SP
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