SOLUTION: 12 items cost $120.00 wHAT IS THE LOSS PERCENT IF THEY ARE SOLD FOR $9.00 EACH

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Question 555994: 12 items cost $120.00 wHAT IS THE LOSS PERCENT IF THEY ARE SOLD FOR $9.00 EACH
Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
12 items cost $120.00 wHAT IS THE LOSS PERCENT IF THEY ARE SOLD FOR $9.00 EACH
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Original cost per item 120/12 = $10
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Selling price per item $9
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Quantity loss per item: $1
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Percentage loss peritme: 1/10 = 10%
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Cheers,
Stan H.