Question

a man sold a radio set for rupees 250 and gained one- ninth of its cost and find its cost price and the loss percent

Answer 1

SP=₹250
SP=1/9 of CP
CP= 250×9=2250
Loss= CP-SP=2250-250=2000
Loss percentage =(Loss/CP)×100=(2000/2250)×100=88.88%