Asked by Gordon
Sam sells a suit to Basil at one hundred and thirty three and one third percent of the wholesale price. The suit did not fit so Basil sold it back to Sam for the wholesale price. What is the percentage loss made by Basil?
Answers
Answered by
oobleck
Basil paid 4/3 x
He sold it for x, which is 3/4 of what he paid. So he lost 25%
He sold it for x, which is 3/4 of what he paid. So he lost 25%
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