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The loss percent on selling 140 geometry boxes at the loss of S.P. of 10 geometry boxes is equal to ______.

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#### Solution

The loss percent on selling 140 geometry boxes at the loss of S.P. of 10 geometry boxes is equal to **`6 2/3` %**.

**Explanation:**

Let the selling price of 1 geometry box be Rs. 1.

So, the selling price for 140 geometry boxes = Rs.1 × 140 = Rs.140

Similarly, selling price of 10 geometry boxes = Rs. 1 × 10 = Rs. 10 v

Loss = Selling price of 10 geometry boxes = Rs.10

∴ Loss percentage = `"Loss"/"CP" xx 100`

= `10/(140 + 10) xx 100`

= `10/150 xx 100`

= `20/3`%

= `6 2/3`%

Concept: Concepts of Cost Price, Selling Price, Total Cost Price, and Profit and Loss, Discount, Overhead Expenses and GST

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