The amount of loss on any commodity expressed as a percentage is referred to as the loss percentage. Additionally known as percentage loss. Any time a commodity's selling price is less than its cost price, we consider this to be a loss. The magnitude of this loss may be determined by calculating the difference between the cost price and the selling price. The loss percentage measures the loss as a proportion of the actual cost price.
Given: company loss=$75
no. of owners =n
The loss must be split evenly between the two business owners.
Therefore, we must split the sum of money in order to determine how much each individual receives.
=$75/n
Expression for the earnings per person = $75/numer of owners
