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If the loss on P is 5%, then its selling price is what percentage less than the selling price of T?1). 95%2). 45%3). 83.7%4). 77.5% |
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Answer» SELLING price of T = 400 + 6% of 400 + 40 = 464 Selling price of P = 80 – 5% of 80 = 76 ∴ REQUIRED % = (464 - 76)/464 × 100 = 83.7% |
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