a damaged carpet which cost $180 when new is sold for $120 what is the percentage loss?
Answers
Answered by
1
Answer:
loss percentage 33.33%
Step-by-step explanation:
cp $180
sp $120
loss = cp - sp
180 - 120
60
% loss = 60/180 * 100
1/3 *100
33.33%
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Answered by
1
Answer:
Cost Price= $180
Selling Price= $120
:• Since, Seeling price is less than cost price it is a loss
Now,
%of loss= Loss/Cost Price ×100
=$180- $120/ $180×100
= $60/$180 ×100
= 1/3×100
=33.33%
Therefore the Percentage loss is 33.33%
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