Question

I bought a car three years ago and sold it at 1/3 of th3 original price.express the loss as a fraction of the original price

Answer 1

Old price = x Rupees.
New price = x/3 Rupees.
Loss =
$x - \frac{x}{3 \: } = \: \frac{2x}{3}$
Expressed in percentage
$\frac{2x}{3 \: } \div \: x \: \times 100 \: percentge$
$= 16 \times \frac{2}{3} prcent$
Ans : 16 2/3 %
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