Question

A shopkeeper sells 5 kg of rice for the cost price of 4kg of rice find his loss percent

Answer 1

Answer:

there is not a cost price mention

Answer 2

Answer:

Loss percent = 20%

Step-by-step explanation:

Given,

A shopkeeper sells 5 kg of rice for the cost price of 4kg of rice

To find,

The loss percent

Solution:

Recall the formula

Loss percent = $\frac{Loss}{CP}X100$

Let 'x' be the Cost price(CP) of 1 kg rice

The cost price of 5kg of rice = 5x

The cost price of 4kg of rice = 4x

Since it is given that,  shopkeeper sells 5 kg of rice for the cost price of 4kg of rice.

Selling price (SP) of 5 kg rice = cost price of 4kg = 4x

CP of 5 kg rice = 5x

SP of 5 kg rice = 4x

Since 5x>4x, we have CP>SP

Since CP>SP, there is loss

Loss = CP - SP = 5x - 4x = x

Loss percent = $\frac{Loss}{CP}X100$

= $\frac{x}{5x}X100$%

= $\frac{100}{5}$%

= 20%

∴ Loss percent = 20%

#SPJ2