document.write( "Question 1097506: A buys an article and sells it to B at the profit of 12%.B sells it back to A at price which A previously paid for it.What is B's percentage loss ? \n" ); document.write( "
Algebra.Com's Answer #711947 by Theo(13342)![]() ![]() You can put this solution on YOUR website! if the selling price is greater than the cost, then subtract the cost from the selling price and that's your profit.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "if the selling price is less than the cost, then subtract the selling price from the cost and that's your loss.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "your percent profit is equal to 100 times your profit divided by your cost.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "your percent loss is equal to 100 times your loss divided by your cost.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "in your problem:\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "let the cost to A be equal to x.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "A sells it to B at a 12% profit.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "the profit to A therefore has to be .12 * x and the selling price to B has to be equal to 1.12 * x.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "the cost to B is therefore 1.12 * x.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "B sells it back to A at a selling price of x, which is the original cost to A.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "the loss to B is therefore .12 * x.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "the loss to B is the same as the profit to A.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "however, ........\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "the percent profit to A is profit / cost = .12 * x / x = .12 = 12%.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "the percent loss to B is loss / cost = .12 * x / (1.12 * x) = .12 / 1.12 = 10.71%.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "the loss to B is the same as the profit to A, but the percent loss to B is different from the percent profit to A because the denominator in the equation is different.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "that's because the cost to A was x while the cost to B was 1.12 * x.\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |