the ratio of cost price and selling price is 11:8. the percentage of loss will be
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Answered by
1
Given
Ratio of cost price and selling price is 11:8
let cost price = 11x
Selling price = 8x
Loss = 11x -8x
= 3x
loss % = loss/CP × 100
= 3x/11x × 100
= 300/11 = 27-3/11 %
Answered by
0
Answer:
Percentage loss = 27.27%
Step-by-step explanation:
According to the information provided in the question it is given as
Ratio of cost price and selling price = 11:8.
We need to find the percentage of loss will be
The ratio of cost price and selling price is 11:8.
Let CP = 11 x
SP = 8 x
Loss = CP - SP
(As CP is more than SP)
Loss = 11 x - 8 x
= 3x
Now applying the farmula of loss %
Loss % = (loss/ CP × 100) %
Loss % =
Loss % = 27.27 %
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