Question

Rohit sold tv for 45000 at a profit of 12 1/2. find the price at which Rohit bought it.

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Answer 1

We know,

Loss% =

C.P.

S.P.−C.P.×100

here, S.P.=40000 and C.P.=45000

Loss% =

40000

45000−40000×100 = 12.5 %