The cost of a table is ₹2000. If it is sold for ₹1250, then which of the following statements is true?
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5
Step-by-step explanation:
het mate where is statement
Answered by
0
Answer:
Loss of 37.5%
Step-by-step explanation:
Cost Price= ₹2000
Selling Price= ₹1250
Since Cost Price > Selling Price
Loss = 2000 - 1250
= 750
Therefore,
Loss %= Loss/Cost Price × 100
= 750/2000 × 100
= 400/243
= 37.5 %
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