if a cost price of 10 compact disc is equal to the selling price of 11 compact discs,find the loss percent
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10 C.P = 11 S.P
C.P/S.P = 11/10
C.P : S.P = 11 : 10
C.P-----11....... S.P----10
Loss = 1
Loss% = Loss/C.P * 100 = 1/11 * 100 = 9 1/11%
Hope it helps.
C.P/S.P = 11/10
C.P : S.P = 11 : 10
C.P-----11....... S.P----10
Loss = 1
Loss% = Loss/C.P * 100 = 1/11 * 100 = 9 1/11%
Hope it helps.
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