Respuesta :
Company faced 60% of loss in one month for selling a share.
What is loss?
When the Cost Price of an item is more than the Selling Price of the same item, then this is the condition of loss for the seller.
Loss percentage formula
Loss percent = [tex]\frac{C.P-S.P}{C.P}[/tex]× 100
Where,
C.P is the cost price
S.P is the selling price
According to the given question
We have,
Selling price of a share one month ago is $35.
One month later the selling price of the same share is $14.
So, the loss faced by a company in one month = $35 - $14 = $21
Therefore, the loss percent of the company in one month = [tex]\frac{21}{35}[/tex] × 100
⇒ loss percent = 0.6 × 100 = 60%
Hence, company faced 60% of loss in one month for selling a share.
Learn more about loss percentage here:
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