Question

a man losses 50/3% on cost. how much does this represent on sales

Answer 1

cp=300
SP=250

loss% on SP=50*100/250=20%

Answer 2

50/3 % loss on Cost represent 20 % loss on Sales

Step-by-step explanation:

Let say Cost Price = 300C

a Man Losses (50/3)% on cost

=> Man losses = ((50/3) /100) * 300C

= 50C

Selling Price = 300C - 50C = 250C

Loss 50C on selling price 250C

= (50C/250C) * 100

= 100/5

= 20 %

50/3 % loss on Cost represent 20 % loss on Sales

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