Business Studies, asked by pinkyhembram8081, 11 months ago

What is the loss percent if a man loses rs.10 on selling an article for rs.100?

Answers

Answered by Anonymous
17

here is your answer

cost price of an article is selling price + loss

cp = 100 + 10

= 110

loss% = (loss/cp) *100

[10/110]*100 = 100/11 = 0.909090 or 9 1/11% in fraction

Answered by TanikaWaddle
3

Given : SP = 100

loss = Rs. 10

To find : loss %

Explanation:

selling price of an article = Rs. 100

loss = 105

then

cost price= SP + loss

cost price = 100 + 10= Rs. 110

then

loss % = \frac{loss}{CP}\times 100

= \frac{10}{110}\times 100

= 9.09 %

hence , The loss % is 9.09%

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