Raman buy a camera for rs 11000 and then gets some repair done for rs 1000 since he was on need of money he had to sell it for 9600 what was his loss
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Loss% = loss/CP * 100
CP = 11000 + 1000 = 12000
SP = 9600
LOSS = 12000 - 9600 = 2400
LOSS% = 2400/12000 *100 = 20%
Therefore loss is 20%
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