A vendor loss he earned is equal to the price of two phone. If he sold total of 12 phones. What is the loss percentage?
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Given:
Loss on selling 12 phones=C.P of 2 phones
To Find:
Loss%
Solution:
Let C.P be ₹x.
C.P of two phones= ₹2x
C.P of twelve phones= ₹12x.
According to question,
Loss= ₹2x
Loss%=
Loss%=
Loss%=16.66%
Therefore,loss %=16.66%.
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