Question

the ratio of cost price and selling price is 11:8. the percentage of loss will be

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Answer 1

Answer:

given ratio of cp and sp 11:8

so cp and sp can be written as

11x and 8x respectively. here x is a variable

loss is cp-sp = 3x

percentage loss goes like (loss/cp)100

so % loss = (3/11)*100

I'm leaving the calculation part