47. The loss made by selling 10 m of a cloth equals to
the cost price of 3 m of the same cloth. Find the
loss percentage.
Answers
Answered by
6
Answer:
Loss = 30%
Step-by-step explanation:
Loss on 10m of cloth = CP of 3m of cloth
Loss = CP - SP
Loss on 10m of cloth = CP of 10m of cloth - SP of 10m of cloth
Loss on 10m = CP of 10m - SP of 10m ...........(Eqn 1)
Thus,
CP of 10m - SP of 10m = CP of 3m
SP of 10m = CP of 10m - CP of 3m
SP of 10m = CP of 7m
SP of 1m = CP of (7/10)m ..............(Eqn 2)
Let CP of 1m of cloth = x
From Eqn 2,
SP of 1m = (7/10)*x
Loss = CP - SP
= x - (7/10)*x
= x - 0.7x
= 0.3x
Loss% = 100*(Loss/CP)
= 100*(0.3x/x)
= 100*0.3
= 30
Loss made = 30%
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