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Question
Rekha bought a saree for Rs 1240 and sold it for Rs 1147. Find her loss and loss percent.
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Solution
C . P of saree = Rs . 1240
S . P of saree = Rs . 1147
Loss = CP - SP
Loss = Rs . (1240 - 1147)
= Rs . 93
\[\text { loss % } = \left( \frac{\text { loss } \times 100}{\text { C . P } .} \right)\]
\[ = \left( \frac{93 \times 100}{1240} \right)\]
\[ = 7 . 5 \]%
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