By selling a purse for 250, Ranjana loses one-sixth of what it cost her. Find
(1) the cost price of the purse (ii) her loss percentage.
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Answer:
(i) cost price is 300 (ii) loss percentage is 50/3 % or 16 2/3 or 16.66 %
Step-by-step explanation:
Let c.p = x
loss = 1/6th of x so, x/6
C.P. = S.P + Loss
x = 250 + (x/6)
x - (x/6) = 250
(6x - x)/6 = 250
5x/6 = 250
x = 250 * 6/5
x = 300
C.P. = x = 300 rs. (i)
Loss = x/6= 300/6 = 50 rs.
Loss % = Loss/C.P. × 100
= 50/300 × 100
= 50/3 = 16.66 % or 16 2/3 %
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