the loss made by selling 10m of a cloth equals to the cost price of 3m of the same cloth. find the loss percentage
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10 SP = 3 C P
let C P = 1
10 SP = 3
1 SP = 3/10
loss = C P - SP
= 1 - 3/10
= 10/10 - 3/10
= 7/10
loss % = (loss / C P) x 100
= 7/10 x 100
= 70%
let C P = 1
10 SP = 3
1 SP = 3/10
loss = C P - SP
= 1 - 3/10
= 10/10 - 3/10
= 7/10
loss % = (loss / C P) x 100
= 7/10 x 100
= 70%
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