1
loss/profit percentage. L2
The selling price of 12 cars is equal to the cost price of 10 cars. Find the loss
percentage.
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1
Answer:
Let the cp of 1 car = rs. 1
CP of 10 cars = rs 10
CP of 12 cars = rs 12
Given,
SP of 12 cars = CP of 10 cars= rs 10
CP of 12 cars = rs 12
Loss = CP - SP = 12 - 10 = RS 2
Loss% = (Loss/ cp of 12 cars ) * 100
= 2/12 * 100 = 100/6 = 50/3%
Hence the loss% = 50/3%
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