the loss made by selling 10m cloth is equal to cost price of 3 m cloth find the loss percentage
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the loss made by selling 10m cloth is equal to cost price of 3 m cloth find the loss percentage
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Loss=cp of 10m - sp of 10m
sp of 3m=cp of 10 m - sp of 10m
=sp of 10m + sp of 3m = cp of 10m
=sp of 13m = cp 10m
consider cp of 1m = $x
cp of 13m = $13x
sp of 13m = cp of 10m = 10x
Thus, Cp =$13x and Sp= $10x
Since, Cp>Sp, there is a loss
Loss = $(13x - 10x) = $ 3x
Loss % = Loss/Cp × 100 %
=(3x/13x)×100%
After this we can get the answer
Hey mate here we go