If the selling price of 18 oranges is equal to the cost price of 16 oranges, find the loss percent.
S.P of 18 oranges = C.P of 16 oranges
=Rs. 100 (Suppose)
∴ S.P of 1 orange =Rs.10018=Rs.509
and C.P of 1 orange =Rs.10016=Rs.254
Loss = C.P - S.P =254−509
=225−20036=Rs.2536
Loss%=Loss×100C.P=2536×100×425=1009%=1119%