If the selling price of a flower vase is 5/6 of its cost price, find

1.	If the selling price of a flower vase is 5/6 of its cost price, find the loss per cent.
Answer» Let × be the CP of Flower Vase CP = x SP = (x) × 5/6 = 5x/6 Loss = CP – SP = × – 5x/6 = x/6 Loss Percent = (Loss × 100) / CP = (x/6 × 100) / x = 100/6 = 16.66% So, If Flower vase set is sold at 5/6 price of its CP. Then Loss percent will be 16.66%.

If the selling price of a flower vase is 5/6 of its cost price, find the loss per cent.

Answer»

Let × be the CP of Flower Vase

CP = x

SP = (x) × 5/6

= 5x/6

Loss = CP – SP

= × – 5x/6

= x/6

Loss Percent = (Loss × 100) / CP

= (x/6 × 100) / x

= 100/6

= 16.66%

So, If Flower vase set is sold at 5/6 price of its CP. Then Loss percent will be 16.66%.