SOLUTION: A trader makes a loss of 15% when selling an article. Find the ratio, selling price: cost price.

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Question 1088668: A trader makes a loss of 15% when selling an article. Find the ratio, selling price: cost price.
Answer by josmiceli(19441) About Me  (Show Source):
You can put this solution on YOUR website!
For convienence, let the cost price = +100+
The selling price is then:
+100+-+.15%2A100+
+100+-+15+=+85+
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selling price / cost price = +85%2F100+=+.85+