Question

a book which cost 300 naira was sold for 240naira.what was the loss percentage?​

Answer 1

Answer:

20%

Step-by-step explanation:

Formula: Put the difference of the two values over the cost price and multiply it by 100.

300 - 240 = 60

60/300 × 100 = 20%

Checking answer:

300 × 20% = 60 (Which equals the amount lost)