Math Problem Statement
A shopkeeper sells his goods at 13.33% loss on selling price.find his loss Percentage on cost price
Solution
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Math Problem Analysis
Mathematical Concepts
Percentage
Profit and Loss
Cost Price and Selling Price
Formulas
Loss = 13.33% × SP
Cost Price = Selling Price + Loss
Loss Percentage on Cost Price = (Loss / Cost Price) × 100
Theorems
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Suitable Grade Level
Grades 8-10
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