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MathematicsUNILORIN Post UTME

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Earlier discussion

2 older comments kept for context.

Olawale

A man buy recharge card for ₦500.he sells it for ₦430 what's the percentage loss

Waheed abdullahi abolaji

500 - 430 = 70

Percentage loss = \(\frac{\text{loss}}{\text{cost price}} \times 100\)

\(\frac{70}{500} = 0.14\)

0.14 \(\times\) 100 = 14%