Answer:
[tex]\huge{\sf{ 25.80 }}[/tex] %
Step-by-step explanation:
Cost price of a bicycle = $ 62
Selling price of a bicycle = $ 46
Since, CP > SP , she made a loss.
Finding loss amount
Loss amount = CP - SP = $ 62 - $ 46 = $ 16
Now finding the loss percentage :
[tex]\sf{\frac{Loss }{CP} * 100 }[/tex]
⇒[tex]\frac{16}{62} * 100[/tex] %
⇒[tex]25.80[/tex] %
Hope I helped!
Best regards!
~ TheAnimeGirl
