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Nasir bought a practical book for Rs. 60 and sold it for Rs. 40. How much loss did he get?
  1. 600
  2. 60
  3. 20
  4. none of these
Explanation

To calculate the loss, we subtract the selling price from the buying price:

Loss = Buying Price - Selling Price

Loss = Rs. 60 - Rs. 40

Loss = Rs. 20

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