Question

Calculate the pecente loss 1) Cost price : N$22 Selling price:N$20 ​

Answer 1

Percentage Loss = 9.09%.

Explanation:

In order to calculate the percentage loss, you need to find the difference between the cost price and the selling price, and then divide it by the cost price, and finally, multiply by 100 to express it as a percentage.

Given:

• Cost Price (CP) = N$22
• Selling Price (SP) = N$20

To find:

• Percentage Loss =?

Solution:

Now,

Firstly let's find loss.

Loss = CP - SP

Loss = N$22 - N$20 = N$2

To find Percentage loss, We have

`\boxed{\sf Percentage \:Loss = (Loss )/(Cost\: Price) * 100}`

Now,

Substituting value

Percentage Loss =
`\sf (2 )/(22) * 100`

Percentage Loss = 9.09 %

So, the percentage loss is approximately 9.09%.