rehman bought a radio for rupees750 and spent rupees 50on transportation. then he sold it for rupees 750. find his loss percent or gain percent
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Answer:
CP of radio = Rs 750
Overhead Expenses = Rs 50
Actual CP = 750 + 50
= 800
SP of radio = Rs 750
Loss = CP - SP
= 800 - 750
= 50
Loss % = Loss/CP * 100%
= 50/750 * 100%
= 20/3 %
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