Sameer bought a cell phone for ₹20,000 and sold it after a month for ₹16,000. What is the loss %??
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Answer:
cost of the phone =20,000
sell after a month = 16,000
loss%= loss/cp ×100
sp=cp- loss
16,000= cp-4000
cp=12,000
loss %= 4,000÷12,000 ×100
loss %= 33.33
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Answer:
20%
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