SP = 350 loss %= 15 find the CP and loss
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Class 8
>>Maths
>>Comparing Quantities
>>Prices Related to Buying and Selling
>>Find the Profit Percent or Loss Percent:
Question
Find the Profit Percent or Loss Percent:
C.P=Rs.280; S.P=Rs.350
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Cost price C.P.=RS.280
Selling price S.P.=Rs.350
We need to find the profit percent.
Profit percent =
C.P.
profit×100
Profit =S.P−C.P
=350−280
Profit =Rs.70
Therefore loss percent =
280
70×100
=25%
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