(1) * 4750 (2) 5250 (3) 75750 14 BOJU
3. A merchant sold 25 caps at 9.90 per cap. In this transaction he incurred
a loss of 40. What is the cost price of each cap?
(1) * 10.50 (2).* 11.50 (3) 10.00 (4) 11.00
old for2020 There was a loss of 160. What is the C.P.
Answers
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11.5 Rs is Cost price of each cap
Step-by-step explanation:
A merchant sold 25 caps at 9.90 per cap.
Total Selling Price = 25 * 9.9
= 247.5 Rs
In this transaction he incurred a loss of 40
=> Cost Price of 25 Caps = 247.5 + 40
= 287.5 Rs
Cost Price of Each cap = 287.5/25
= 11.5
11.5 Rs is Cost price of each cap
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