A vendor sell 36 oranges and suffers a loss equal to the selling price of 8 oranges. Find his loss percent.
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Let the SP of one orange be Rs 1. Then,
Loss = SP of 8 oranges = Rs 8
CP = SP +Loss
= Rs 36+8=Rs .44
Loss % = Loss/CP * 100
= 8/44* 100
= 18.18%
hope it helps u
Loss = SP of 8 oranges = Rs 8
CP = SP +Loss
= Rs 36+8=Rs .44
Loss % = Loss/CP * 100
= 8/44* 100
= 18.18%
hope it helps u
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