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Question 1 (d)
Tell what is the profit or loss in the following transactions. Also find the profit percent or loss percent in each case.
d) A skirt bought for Rs 250 and sold at Rs 150.

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Solution

d) Cost price=Rs250
Selling price=RS150
Loss=250-150=Rs100
Loss%=LossCP×100Loss%=100250×100=40%


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