Question

By selling 18 bikes, the vendor loses the selling price of 2 bikes. Find the loss %.

Answer 1

Answer:

Step-by-step explanation:

Let, the selling price be x.

So, the sp for selling 18 bikes = 18x

Bt he loses the sp of 2 bikes on selling 18 bikes.....so loss = 2x

Thus, Cp = Sp + Loss

Cp = 18x + 2x

Cp = 20x

Now, Loss% = Loss/Cp*100

= 2x/20x*100

= 0.1*100

= 10%