Question

I bought six pencils at 5k each but sold them at 3k each. What was my percentage loss?

Answer 1

Answer:

40%

Step-by-step explanation:

I bought six pencils at 5k and sold them at 3k

So my loss is = ( 5k - 3k )

= 2k

So the percentage that I loss was

= ( 2k/5k × 100 )%

= ( 2/5 ×100 )%

= 40%

Answer 2

Answer:

40%

Step-by-step explanation:

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