Question

A fair price shopkeeper takes 10% profit on his goods he lost 20% during theft his loss percent is​

Answer 1

let c.p is 1rs,

profit will be 10%,

10/100×1=0.1rs,

S.P=1+0.1=1.1rs.

lost =20%

=20/100×1.1=0.22rs,

=1.1-0.22=0.88 rs

lost per=..22/1×100=,

=22% is the answer