Question

During an off season sale, 6 jackets were sold at the C.P of 5 jackets. What was the loss percent ?

Answer 1

Your answer may be 17% approximately

Answer 2

The loss percent is 16.67%

Step-by-step explanation:

Let CP of 1 jacket be Re.1

Cp of 5 jackets = Rs.5

Cp of 6 jackets = Rs.6

6 jackets were sold at the C.P of 5 jackets.

SP of 6 jackets = CP of 5 jackets = Rs.5

SP<CP

So, Loss

$Loss\% = \frac{CP-SP}{CP} \times 100$

$Loss\% = \frac{6-5}{6} \times 100$

$Loss\% =16.67\%$

Hence The loss percent is 16.67%

#Learn more:

If the sp of 10 pens is equal to the cp of 14 pens find the gain %

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