1. If selling an article for rupees 820 causes 10 % loss on the selling price , then find its cost price.
2. If the selling price of 10 rulers is the same as the cost price of 15 rulers , then find the profit percentage.
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Answers
Answer:
Given are , SP = RS 810 and loss percent = 10%
By using formula , C.P = 100/100-loss % * SP = 100/100-10*SP = 100/90*810 =
= Rs 900
Answer : Hence, CP is Rs 900.
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The loss percent of given is 20%.
Solution :
The cost price of 20 books, let us denote it by Rs. M
So, the Selling Price of 25 books is denoted by Rs. M as well
Therefore, we can say that the cost price of one book is equal to and the Selling Price of a single book is
Hence, the profit or loss = S.P. - C.P.
The negative sign indicates loss.
So the loss percentage
Therefore, the loss percent in this transaction is 20%.
Selling Price, SP = Rs.820
Loss = 10%
Find the Cost price.
We have,
SP = Rs.820
Loss = 10%
SP of 10 rulers = CP of 15 rulers.
The profit percentage.
Let CP of each ruler be Rs. x
Therefore,
CP of 10 rulers = 10x
SP of 10 rulers = CP of 15 rulers = 15x