a shopkeeper on selling a pen for rs 18 ,loses 1/10 of what is costs him . his cost price is
Answers
Cost price - Selling price = loss
here
S.p = C.p - 1/10*c.p
18 = cp - cp/10
cp = 20
hence cost price is rupees 20
Given : A shopkeeper on selling a pen for rs 18 ,loses 1/10 of what is costs him.
To find : The cost price.
Solution :
We can simply solve this mathematical problem by using the following mathematical process. (our goal is to calculate the cost price)
Let, the cost price = Rs. x
So, the loss amount will be :
= x × (1/10)
= Rs. x/10
And, the selling price will be :
= Cost price - Loss amount
= x - (x/10)
= (10x - x)/10
= Rs. 9x/10
According to the data mentioned in the question,
9x/10 = 18
x = 18 × 10/9
x = 20
So, the cost price is = Rs. x = Rs. 20
(This will be considered as the final result of the given mathematical problem.)
Hence, the cost price is Rs. 20