A shopkeeper sells an article of 400, while he purchases it for 402. Find out loss percent of shop keeper
1 answer:
Answer:
0.5%
Step-by-step explanation:
A shop keeper sells an article for 400
He purchases it for 402.
Therefore, loss = cost price - selling price
402 - 400 = 2
% loss =
loss/cost price x 100%
2/402 x 100%
= 200/402
=0.498
=0.5%
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