Question

If the cost of 10 article is equal to the selling prize of 12 article, then the loss% in deal is

Answer 1

Answer:

16.66...%

Step-by-step explanation:

let the cost price of the article be x and y be the selling price

Given

10x = 12y    => y/x = 5/6

Loss% = (x-y)/x * 100

      = ( 1 - y/x ) * 100

      = ( 1 - 5/6 ) * 100

      = 100/6 %

      = 50/3 %

      = 16.666...%

Hope it helps