Question

By selling 24 pens , Kranthi lost an amount equal to CP of 3 pens . Find his loss percentage.


please tell me the solution of this question with full explanation ​

Answer 1

Answer:

Let us assume that cost price of each pen is Re 1

⟹⟹ CP of 24 pens =24=24

Loss == CP of 3 pens =3×1=3=3×1=3

⟹⟹ Loss Percentage =(LossCP×100)=324×100=12.5%=(LossCP×100)=324×100=12.5%

∴∴ Kranthi's loss is 12.5%.