A man bought apples at 10 for ₹75 and sold them at ₹75 per dozen. Find his loss percent.
We know that the CP of 10 apples = ₹75
CP of 1 apple = ₹75/10 = ₹7.5
CP of 1 dozen apples = ₹7.5 × 12 = ₹90
SP of 1 dozen bananas = ₹75
Since, SP is less than CP so it’s a loss.
Loss = CP – SP = 90 – 75 = 15
Loss % = (loss × 100) / CP
= (15 × 100) / 90
= 16.66%
∴ The Loss percent is 16.66%
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