Question

If the selling price of 12 cars is equal to the cost price of 10 cars.find the loss percentage?

Answer 1

sp=10x
cp=12x
loss %=(12x-10x)÷12x*100
=2x/12x*100=100/6=16.6%

Answer 2

The loss percentage is 16.67%

Step-by-step explanation:

Let the cost price of 1 car be Re.1

Cost price of 10 cars = Rs.10

Cost price of 12 cars = Rs.12

Selling price of 12 cars = Cost price of 10 cars  = Rs.10

CP>SP

So, Loss

$Loss\% = \frac{CP-SP}{CP} \times 100\\Loss\% = \frac{12-10}{12} \times 100$

$Loss\% =16.67\%$

Hence the loss percentage is 16.67%

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