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Find the gain or loss percent when CP = ₹250, overhead expenses= ₹50 and loss = ₹50 |
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Answer» Cost PRICE = Rs.250Overhead expenses = Rs.50Loss = Rs.50To find :the gain or loss percent SOLUTION : ⇒ LET's find the total Cost Price.Total Cost Price = Cost Price + Over Head Expenses = 250 + 50⇒ Let's find whether it is loss or gain.Here, Loss is already GIVEN. So, it is a loss.⇒ Now, let's find the Loss Percent.Loss Percent = Loss/Cost Price × 100= 50/300 × 100= 50 × 100/300 = 5000/300= 16.6% THEREFORE, the Loss percent is 16.6%. |
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