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Ex 7.2, 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 βˆ’ S.P = Rs 250 βˆ’ 150 = Rs 100 Loss Percentage = πΏπ‘œπ‘ π‘ /(𝐢.𝑃) Γ— 100% = 𝟏𝟎𝟎/πŸπŸ“πŸŽ Γ— 100% = 10/25 Γ— 100% = 2/5 Γ— 100% = 2 Γ— 20% = 40%

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Davneet Singh

Davneet Singh has done his B.Tech from Indian Institute of Technology, Kanpur. He has been teaching from the past 14 years. He provides courses for Maths, Science and Computer Science at Teachoo