Question

The cost of one chair is 1050. its selling price is 900 rupees. What is the profit or loss percentage

Answer 1

Answer:

the loss percentage is 14.29%

Step-by-step explanation:

since selling price is less than the cost price, it is loss=1050-900=150 the loss is 150 rupees.

now loss percentage=loss/cp*100%

=150/1050*100% both 150 and 1050 are divisible by 150=1/7*100%

=100%/7=14.29%

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