Raja purchased a house for rupees 45200 and spent rupees 2800 on its repairs he had to sell it for rupees 46800 find his loss and loss percent
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Total amount spent = ₹45200 + ₹2800
=₹48000
Selling price = ₹46800
Therefore loss = ₹(48000 - 46800)
=₹1200
Loss % = ( 1200 * 100) %
48000
= 2.5%
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