Find the loss precent if CP is rupees 15,000, overhead expenses are rupees 25000 and SP is rupees 14,000.
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A N S W E R :
CP is greater than SP (Loss)
Loss CP - SP
= 15000 14000
= 1000
Loss%= Loss / CP x 100
= 1000/15000 × 100
= 1000/150 ÷2/÷2
= 500/75 ÷5/÷5
= 100/15 = 5/÷5
= 20/3
= 6.666667 %
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