Question

13.By selling 275 articles a man lost the selling price of 25 articles. Find his loss percent.​

Answer 1

Answer:

The loss percent is 8.33%

Step-by-step explanation:

Let the Selling Price of 1 article be Rs1

Therefore Selling Price of 275 articles is Rs 275

On the sale of 275 articles, the man losses the Selling Price of 25 articles

Hence, Loss= Rs25

Since Loss= Cost Price- Selling Price,

Cost Price= Selling Price + Loss

Therefore, the Cost Price is Rs 300 (275+25)

A loss occurs when a product's cost price exceeds its selling price in a business; a profit occurs when the cost price is lower than the selling price.

Due to the fact that Loss = C.P. - S.P. (CP > SP)

The following is the formula for loss percentage:

The loss percentage is equal to Loss / C.P.

$Loss Percent = Loss/Cost Price *100\\Loss Percent =25/300 * 100\\Loss Percent = 8.33$

Hence the Loss Percentage is 8.33%

For more information on Loss Percentages, https://brainly.in/question/25804827

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