Question:
The loss per cent on selling 140 geometry boxes at the loss of S.P. of 10 geometry boxes is equal to _____
Solution:
20/3%
Explanation: Say, the selling price of one geometry box = Rs.1
So, the selling price of 140 geometry boxes = 1 × 140 = Rs.140
Selling price of 10 geometry boxes = Rs.10
Loss = Rs. 10
Loss percentage = Loss/CP × 100
= 10/(140+10) × 100
= 10/150 × 100
= 20/3%