by selling 24 greeting cards a shopkeeper loses an amount equal to the selling price of 6 greeting cards. find his loss percent.
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Answer:
Let the selling price of 1 card be x
selling price of 24 cards will be 24x and 6 cards will be 6x .
Loss = S.P- C.P
6x = 24x - C. P
CP = 24x-6x = 18x
Loss percent = Loss/CP × 100
= 6x/18x × 100
= 1/3×100
= 33.33 %
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