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RD Sharma Solutions Class 8 Mathematics Solutions for Profit Loss Discount and Value Added Tax Exercise 13.1 in Chapter 13 - Profit Loss Discount and Value Added Tax
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Rekha bought a saree for Rs 1240 and sold it for Rs 1147. Find her loss and losspercent.
Answer:
We know that the cost price of saree = Rs 1240
Selling price of saree = Rs 1147
By using the formula,
Loss = cost price – selling price
= 1240 – 1147
= Rs 93
By using the formula,
Loss % = (loss/cost price) × 100
= (93/1240) × 100
= 7.5 %
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