If loss is 1/3 of s.p, the loss percentage is...
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Answer:
25%
Step-by-step explanation:
Loss = S.P / 3
Loss = C.P - S.P
S.P / 3 = C.P - S.P
C.P = S.P / 3 + S.P
C.P = 4S.P / 3
Loss% = Loss / C.P x 100
= (S.P / 3 ÷ 4S.P / 3) x 100
= 1/4 x 100
= 25%
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