The loss in a company has decreased from 120 lacs to 50lacs in one
year. Find the loss decrease percentage
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Answer:
Initial value= 120 lakh
After 1 yr, amount = 50 lakh
Amount decreased = 120 - 50 = 70lakh
Loss decrease percentage= 70/120 ×100
=7/12 ×100
= 58.34%( approx)
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