Raj bought a table for Rs14,000 and sold for Rs 13,000 What is the profit or loss in the following question and also find the profit and loss per-cent.
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Answer:
CP = Rs 14,000
SP = Rs 13,000
As, CP > SP , so, its a loss.
Loss = CP - SP
= 14,000 - 13,000
= 1,000
So, the loss is Rs 1,000
Hope it helps!
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