Question

A company loses ​$75 as a result of a shipping delay. The owners of the company must share the loss equally. Write an expression for the earnings per person. Evaluate the expression.

Answer 1

Expression for the earnings per person = $75/n

What is loss?

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

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