A shopkeeper mark the price of a book as rupees 135.05 instead of rupees 135. 50. How much did he loss or gain?
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Answer:
loss is rupees 45 paise
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≡QUESTION≡
A shopkeeper mark the price of a book as rupees 135.05 instead of rupees 135. 50. How much did he loss or gain?
║⊕ANSWER⊕║
GIVEN
The selling price of the book = Rs. 135.05
Actual selling price of the book = Rs. 135.50
As the shopkeeper sells the book at a lower price than the actual selling price , he incurs a loss.
Loss = Actual selling price - Selling price
= 135.50 - 135.05
= 0.45
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