tind the the gain or loss percentage c.p.=13000 s.p.=1000
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Answered by
0
Answer:
loss = 13000-1000=12000
Answered by
0
Answer:
It is a loss of Rs. 12000, Loss percentage = 92.3%
Step-by-step explanation:
Selling price = Rs. 1000
Cost price = Rs. 13000
If the Selling price > Cost price then profit is gained.
If the Cost price > Selling price then loss is incurred.
Here, 13000 > 1000, therefore, loss is incurred.
Loss incurred = cost price - selling price
Loss incurred = 13000 - 1000
Loss incurred = 12000
Loss percentage = × 100
Loss percentage = × 100
Refer to the attachment.
= = 92.3%
Therefore, the loss incurred = 92.3%
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