If the selling price is half, the loss three times. what is the initial loss percentage?
Answers
Answer:
Initial loss = 80%
Step-by-step explanation:
Let cost price = CP
Let the initial selling price = ISP
Let initial loss = L
L = CP - ISP ...(i)
Let new selling price = NSP
Let new loss = NL
NL = CP - NSP ...(ii)
Given
NSP = ISP/2 ..(iii)
The new loss is three times the old loss, which means:
NL = 3*L
NL = 3*(CP - ISP)
Using (iii), we get:
NL = 3*(CP - 2*NSP)
Using (ii), we get:
CP - NSP = 3*(CP - 2*NSP)
CP - NSP = 3*CP - 6*NSP
-NSP + 6*NSP = 3*CP - CP
5*NSP = 2*CP
NSP = (2/5)*CP
But, NSP = ISP/2
Thus,
ISP/2 = (2/5)*CP
ISP = (2/10)*CP
ISP = (1/5)*CP
L = CP - ISP
L = CP - 1/5*CP
L = (4/5)*CP
Loss% = 100*[(4/5)*CP]/CP
Loss% = 100*(4/5)
Loss% = 80
The initial loss percentage is 80%
Answer:
20%
Step-by-step explanation:
Let cost price and selling price be CP & SP
Initial loss = C.P - S.P = 1-----------(equ-1)
Now if loss becomes 3 times
Then C.P - 1/2 S.P = 3
= 2 C.P - S.P = 6 ---------------(equ-2)
Solving equ-1 & 2, we get
C.P =5 & S.P = 4
C.P - S.P / C.P *100 = 1 / 5 * 100 = 20% (Loss)