Question

By selling a pen for 195, a man
loses one-sixteenth of what it costs him. Find 1) the cost price of the pen 2) loss per cent
​

Answer 1

→ Let CP of pen be x

→ SP after loss of 1/6 = x - x/6 = 195

= 5x/6 = 195

→ = x = 195 × 6/5

→ = x = 234

(I) CP of pen = 234

→(ii) Loss percent = CP-SP/CP × 100

→= 234-195/234 × 100

= 50/3

→= 16 2/3%

WARM REGARDS TO

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Answer 2

Thanks a ton to be in a 88