Books costing $16 each are sold for $10 each.What is the loss per book?
Question
Books costing 10 each.What is the loss per book?
Solution
The cost price of each book is 10.
Step 1: Identify the cost price and the selling price. Cost Price (CP) = 10
Step 2: Calculate the loss. Loss = Cost Price - Selling Price Loss = 10 Loss = $6
So, the loss per book is $6.
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