A florists buys roses at $18 per dozen. If she sells them at $1.20 each, express her loss as a percentage of her selling price.
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Answer:
20% loss
Step-by-step explanation:
Total C.P. = $18
Total S.P. = $1.20 × 12 = $14.40
Loss = $18 - 14.40 = $3.60
Loss % = 3.6/18 × 100 = 20%
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