A machine is bought for 3800 and 700 is paid for loading and it is sold for 3800. Is there any loss in transaction? If yes then find the loss percentage.
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mahi r u not angry on me
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Explanation:
The cost price of a machine
=
3800
.
Transportation charges
=
700
.
The selling price of a machine
=
3800
.
To do :
We have to find the gain or loss percentage.
Solution :
Cost price
+
Transportation charges
=
3800
+
700
=
4500
.
Seling price
=
3800
.
So, there occurred a loss.
Loss %
=
700
4500
×
100
=
700
45
=
15.55
Therefore, the percentage of loss is 15.55%
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Answer:
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Explanation: