Question

b) The cost price of 7 pens is equal to the selling price of 8 pens, find the loss percent.​

please answer fast

Answer 1

Step-by-step explanation:

cost price of 7 pens=selling price of 8 pens

loss pecentage =8/7

Answer 2

Answer:

loss percent is 12.5%

step by step solution:-

Given:-

The cost price of 7 pens is equal to the selling price of 8 pens .

Let the cost price of each pen be x

So,cost price of 7 pens = 7x

cost price of 8 pens = 8

since, we are given that selling price of 8 pen = cost of 7 pens = 7x

since,

Loss = Cost price - Selling price

Loss = 8x - 7x

Loss = x

So, Percentage of loss =

$\frac{loss}{cost \: price} \times 100$

$= \frac{x}{8x} \times 100 \\ \\ = \frac{1}{8} \times 100 \\ \\ = \frac{100}{8 } \\ \\ = 12.5\%$

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