Question

A person buys 100 cups at rs.10 each . on the way 10 cups are broken. he sells the remaining cups at rs 11 each.his loss percent is

Answer 1

he buys the 100 cups 10 broken,,
$100 \times 10 = 1000 - 100 = 900$

and then he sell 90 cups as 11 rs so,,
$90 \times 11 = 990$
then easily we say 1% loss he should taken
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Answer 2

Cost of 100 cups = 100 x 10 = Rs 1000

Cups left after 10 broken = 100 - 10 = 90

Sales from 90 cups = 90 x 11 = Rs 990

Lost = 1000 - 990 = Rs 10

Percentage loss = 10/1000 x 100 = 1%

Answer: 1%