if the selling price of 18 oranges is equal to cost price of 16 oranges find the loss percent I want step by step answer
Answers
HEY !!! HERE IS UR ANSWER
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Let the cost price of 1 orange be ₹x.
Thus, cost price of 18 oranges, CP=₹ 18x
Selling price of 18 oranges ,SP = cost price of 16 oranges
SP= 16x.
As cost price is more than selling price he has suffered a loss.
loss= CP-SP
loss= 18x - 16x
loss= 2x
loss% = loss / CP ×100
loss% =(2x /18x ×100)%
loss % = 100/9
loss% = 11.1%
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HOPE IT HELPS!!
Loss % is 11.11%.
Step-by-step explanation:
Since we have given that
Selling price of 18 oranges = Cost price of 16 oranges
So, 18 S.P. = 16 C.P.
So, it becomes,
Loss = CP - SP = 9x-8x=x
So, Loss % would be
Hence, Loss % is 11.11%.
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If the selling price of 18 oranges is equal to the cost price of 16 oranges, find the loss percent