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in Profit and Loss by (58.8k points)

Find the gain or loss percent when CP = ₹675 and SP = ₹630.

1 Answer

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We know that SP is less than CP so it’s a loss.As the formula states Loss = CP – SP

675 – 630 = 45

Loss% = (Loss × 100) / CP

= (45 × 100) / 675

= 6.66%

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