Question

A man sold his bicycle for ₹405 losing one tenth of its cost price . Find
(i) its cost price
(ii) the loss as percent

Answer 1

Answer:

Step-by-step explanation:

405=9/10 of cost price

cost price=10*405/9=450

loss=450-405=45

loss percentage =(loss/cost price)*100

45/450)*100=10%

alter method

From the question it is clear that loss is 1/10 of cost price

therefore loss percentage(( 1/10 ) cost price/cost price)*100=10%

profit or loss is always calculated on percentage of Cost price

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