if the selling price of a flower vase is 5/6 of its cost price , find the lose per cent
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Answer:
16.667%
Step-by-step explanation:
If the selling price of the flower vase is 5/6 of its cost price
Let the cost price of flower vase be ₹ x
Thus the selling price of the flower vase
5/6 of x = ₹5x/6
We know Loss = (cost price - selling price)
Loss = (x - 5x/6) = (6x - 5x)/6 = x/6
Loss% = loss/cost price × 100
Loss% = x/6 / x × 100
Loss % = x/6 × 1/x × 100
Loss% = x/6x × 100 = 100/6
Loss % = 16.667%
The percentage loss on sale of flower vase is 16.667%
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16.666667
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