An article costing Rs 1500 was sold for Rs 1050. Percentage loss is ​

Question

An article costing Rs 1500 was sold for Rs 1050. Percentage loss is

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1 month 2021-08-18T17:12:51+00:00 2 Answers 0 views 0

Answers ( )

    0
    2021-08-18T17:14:04+00:00

    Answer:

    Difference = 1650 – 1500 = 150

    Tax percentage = Difference X 100

                                        Initial cost

    Tax percentage = 150 X 100

                                       1500

    = 10 %

    0
    2021-08-18T17:14:09+00:00

    Answer:

    The loss percent is 30%

    Step-by-step explanation:

    CP of article = 1500

    SP of article = 1050

    Hence,

    CP > SP

    Loss = CP-SP

            =1500-1050

            =450

    Loss% = Loss/CP x 100

               =450/1500×100

               =30%

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