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A dining chair costs a dealer ₹840 and he sells it for ₹798. What is his loss per cent?

Class 8Profit and LossComparing Quantities
  • A5%
  • B4.2%
  • C5.3%
  • D42%

Step-by-Step Solution

Loss = 840 − 798 = ₹42. Loss % %. 42 ÷ 798 (about 5.3%) is the wrong base.
Answer: A) 5%

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