a shopkeeper marked the price of a book as rs. 135.05 instead of rs 135.50. How much did he lose or gain?
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he lost 45 paise or 0.33%
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The shopkeeper has suffered a loss of Rs. 0.45.
- 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
Loss = Rs. 0.45
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