Question

By selling 35 greeting cards, a shopkeeper loses an amount equal to the selling
price of five greeting cards. Find his loss per cent.​

Answer 1

Answer:

12.5%

Explanation:

Let the SP of 1 greeting card be Rs.10.

SP of 35 greeting cards = Rs.350

SP of 5 greeting cards = Rs.50

Hence, loss = Rs.50

CP = SP + Loss = Rs.350 + 50 = Rs.400

Loss percent = 50/400 × 100 = 12.5%