Shalini buys a dress for Rs 1500and sells it at Rs 1200 find the (I)loss and(ii)loss per cent
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Answer:
Loss = 20%
Step-by-step explanation:
Shalini buys the dress for rs. 1500, so it's the cp.
Than she sold it for rs. 1200 which is sp.
So, it can be clearly seen that, the loss is happening here.
As, we know -
CP - SP = Loss
1500 - 1200 = loss
300 = loss
so, shalini got a loss of 300 rs. in the transaction.
Now,
profit % = loss/cp * 100
300/1500 * 100
20%
the loss percentage is 20.
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