when we express loss as a percentage it is called
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Step-by-step explanation:
Loss Percentage: Loss, when expressed as a percentage of cost price, is called loss percentage. Note: Profit or loss percentage is always calculated as a percentage of cost price unless mentioned in the question.
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Answer:
Loss Percentage: Loss, when expressed as a percentage of cost price, is called loss percentage. Note: Profit or loss percentage is always calculated as a percentage of cost price unless mentioned in the question
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