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Question
An article is bought from Jaipur for Rs. 4,800 and is sold in Delhi for Rs. 5,820. If Rs. 1,200 is spent on its transportations, etc. ; find he loss or the gain as a percent.
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Solution
Cost price = Rs. 4,800
Selling Price = Rs. 5,820
Transport etc. charges = Rs. 1,200
Total cost price = Rs, 4,800 + Rs. 1,200 = Rs. 6,000
Loss = Rs. 6000 – Rs. 5820 = Rs. 180
∴ Loss%`=180/6000xx100=3%`
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