SOLUTION: A trader sold a pair of shoes for C 2,800.00 making a loss of 20% on his cost price. Find his loss as a percentage of his selling price.

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Question 1088697: A trader sold a pair of shoes for C 2,800.00 making a loss of 20% on his cost price. Find his loss as a percentage of his selling price.
Found 2 solutions by josmiceli, ikleyn:
Answer by josmiceli(19441)   (Show Source): You can put this solution on YOUR website!
Let = his cost for the shoes




-------------------
As % of his selling price:

25%
Answer by ikleyn(52835)   (Show Source): You can put this solution on YOUR website!
.
His loss is 0.2*x, where x is his cost price.


His selling price is 0.8*x.


The question is about his loss as a percentage of his selling price, which is  =  = 0.25*100% = 25%.

Answer. 25%.


Solved.



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