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Question 42

In questions 24 to 59, fill in the blanks to make the statements true.
Nasim bought a pen for Rs. 60 and sold it for Rs. 54 His ___ % is ___ .


Solution

Given, CP of a pen = Rs 60
and SP of a pen = Rs. 54
Since, CP > SP
Loss = CP-SP = 60-54 = Rs. 6  
Now, loss % LossCP×100%=660×100%=10%
Hence, Nasim's loss % is 10 %.


Mathematics
NCERT Exemplar
Standard VII

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