Practicing Success
The selling price of 28 items is equal to the cost price of 17 items. What is the percentage of profit or loss? |
$39\frac{2}{7}$% loss $39\frac{2}{7}$% profit $33\frac{2}{7}$% profit $33\frac{2}{7}$% loss |
$39\frac{2}{7}$% loss |
selling price of 28 = cost price of 17 \(\frac{selling \; price}{cost \; price}\) = \(\frac{17}{28}\) Loss% = \(\frac{11}{28}\) × 100 = 39\(\frac{2}{7}\)% |