A retailer purchased a camera for rs.1560 and sold it at 5% loss find the loss amount
1 answer:
Answer:
Loss is Rs. 78
Step-by-step explanation:
Solution:
Given,
- Cost Price (CP)= Rs.1560
- Loss Percent (L%) = 5%
Here,
L%= L/CP ×100%
or,. 5 =L/1560×100
or,. 5×1560/100 =L
or,. L= Rs.78
Therefore, Loss is Rs.78
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