by selling 40 pens are shopkeeper suffers a loss of equal to the selling price of 5 pens find his loss percent
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Let the selling price of 1 pen = 1 rupee.
Given that there are 40 pens.
Then the selling price of 40 pens = 40 rupees.
Given that he suffers a loss = 5 pens.
We know that Loss = CP - SP
5 = CP - 40
CP = 40 + 5
CP = 45.
We know that Loss% = Loss/CP * 100
= 4/45 * 100
= 8.88%.
Hope this helps!
Given that there are 40 pens.
Then the selling price of 40 pens = 40 rupees.
Given that he suffers a loss = 5 pens.
We know that Loss = CP - SP
5 = CP - 40
CP = 40 + 5
CP = 45.
We know that Loss% = Loss/CP * 100
= 4/45 * 100
= 8.88%.
Hope this helps!
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