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Ex 8.3, 1 - Chapter 8 Class 7 Comparing Quantities - Part 7

Ex 8.3, 1 - Chapter 8 Class 7 Comparing Quantities - Part 8

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Ex 8.3, 1 Tell what is the profit or loss in the following transactions. Also find profit per cent or loss per cent in each case. (d) A skirt bought for Rs 250 and sold at Rs 150 C.P = Rs 250 S.P = Rs 150 Here C.P > S.P So, Loss = C.P − S.P = Rs 250 − 150 = Rs 100 Loss Percentage = 𝐿𝑜𝑠𝑠/(𝐶.𝑃) × 100% = 100/250 × 100% = 10/25 × 100% = 2/5 × 100% = 2 × 20% = 40%

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