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Question
Find the loss percentage incurred by selling a watch for Rs.1610 that was purchased for Rs.1750.
Solution
C.P. of the watch = Rs.1750
S.P. of the watch = Rs.1610
Loss = C.P. - S.P.
= Rs. (1750 - 1610)
= Rs.140
Loss % = `"Loss"/"C.P." xx 100`
= `(140)/(1750) xx 100`
= 8%
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