Question

if celling price of a bouquet is 5/6 of its cost find the loss percebt

Answer 1

Let the cost Price be Rs a

Selling price = 5a/6

Loss = CP - SP

= a - (5a/6)

= a/6

Loss percent = Loss * 100 / CP

= (a/6) * 100 / a

= 100 /6

= 50/3

= 16.67 %