By selling 42 apples a vendor losses the selling price of 8 apples find the loss percent
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The answer is 16%
GIVEN
By selling 42 apples a vendor losses the selling price of 8 apples.
TO FIND
The loss percent.
SOLUTION
The above problem can be simply solved as follows;
Let the cost price of 1 apple = x
Selling price of 42 apples = 42x
Loss = SP of 8 apples = 8x
It is konwn that,
Loss = CP - SP
CP of (42 + 8) 50 apples = 50x
Loss% = (Loss/CP)× 100
= (8x/50x) × 100
= 16%
Hence, The answer is 16%
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