By selling 36 bananas, a vendor loses the selling price of 4 bananas. Find his lost percent.
please answer correctly and I also want it with explanation ♡
Answers
Answered by
1
Answer:
Step-by-step explanation:
Let the selling price of 1 banana be x
Express the selling price and loss in term of x:
Selling price of 36 bananas = 36x
Loss = 4x
Express the cost price in term of selling price and loss:
loss = cost price - selling price
∴ cost price = selling price + loss
Express the cost price in x:
cost price = selling price + loss
cost price = 36x + 4x = 40x
Find the loss percentage:
Loss percentage = loss/cost price x 100
Loss percentage = 4x/40x x 100 = 1/10 x 100 = 10%
Answer: He loses 10% from the sales.
Similar questions