Question

if a person losses 20% on selling price then what percentage of loss will be made on the cost price

Answer 1

C.P.= loss+ S.P
let CP be 100
100+20%of100i.e.20=120
loss%=loss/C.P*100
20/120*100=16.666%

Answer 2

Solution :-

Let selling price (sp) = 100

Loss% = 20%

Loss = cp - sp

cp = sp + loss

cp = 100+20 = 120

loss % on cost price (cp) = (20/ 120)×100 = 16.666% loss

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@GauravSaxena01