Thapaswi bought TV for rs.16,000 and sold it for RS.12,000.Find loss percent?
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Answer:
Step-by-step explanation:
cp = 16,000 and sp = 12,000
If cost price is less than selling price ,then it is a loss
loss = cp-sp
Loss = 4000
Loss percentage = (loss /cp)*100
Loss percentage = (4000/16000)*100
Therefore ,loss percentage = 25%
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