Question

A man bought a dozen of roofing sheets for $3000 and sold each for $225. Calculate his loss per cent?

Answer 1

A man bought a dozen of roofing sheets for $3000 then

cp is $ 3000

and sold each of $ 225

then sp is 12 × 225=$ 2700

loss =cp-sp

=3000-2700

=$300

loss%=loss/cp×100 %

=300/3000×100 %

=10% ans

then his loss per cent is 10%

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