Question

1
(ii) C.P. = 60 and loss = 12%​

Answer 1

Answer:

ANSWER

Given,

To find out loss or gain % where, C.P=Rs. 60 & loss =12

2

1

%

as we know that,

Selling price (S.P)=Costprice(C.P)×[

(100)

100−Loss%

]

So, here we get,

S.P=60×[

100

100−121/2

]

=60×[

100

100−12.5

]

=60×

100

87.5

⇒3×17.5

⇒52.5 Rs

⇒ S.P=52.5

∴ Loss =7.5% on the cost price, as we got selling price as 52.5 Rs.