Question 44
By selling a table for ₹ 16,870, a shopkeeper suffers a loss of ₹ 1,080. His loss percentage (rounded off to one decimal place) is:
Solution
Given Selling Price = Rs.16870
Loss = Rs.1080
Then, Cost Price = Rs.16870+Rs.1080 = Rs.17950
Therefore, Loss percentage = $$\dfrac{1080}{17950} \times 100 \approx 6.0$$%
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