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Loss on cost is 1/6 .waht will be the loss on sales??

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Best Answer

How did u find .plss tell me

Another quick way of looking at it is: 1/6 loss on cost means, when 6 is cost price, 1 is loss. This implies 5 is Sales price (Cost + Profit). Hence, loss ratio on sales become 1/5

How did u find .plss tell me

simple logic selling price is 1 less denominator than cost if cost is 1/a then selling is 1/(a-1) here cost =1/6 then selling =1/(6-1)=1/5