Sarah bought a dress for rupees 2400 and sold it for rupees 2100. Find her loss and loss percent.
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Step-by-step explanation:
We have:
Cost price (C.P) = Rs.2400
Selling price (S.P) = Rs.2100
We see:
C.P > S.P
Rs.2400 > Rs.2100
∴ There is loss (2400 - 2100):
- Rs.300
Loss percent:
Loss/Cost Price × 100
300/2400 × 100
∴ 12.5 %
∴ Sarah had a loss of 12.5%.
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