Question

By selling a purse for ₹250,Ranjana loses one-sixth of what it cost her.Find the cost price of the purse and her loss percentage

Answer 1

let the cost price be X
X + 1/6 X = 250
X/1 + X/6 = 250
( 6X - X ) ÷ 6 = 250
5X = 250 × 6
X = 250÷5×6
X = 300

loss = 300÷6
= 50
loss% = { ( loss ÷ cost price ) ×100 } %
= { ( 50 ÷ 300 ) ×100 } %
= 16.666666667 %

Cost Price = 300
Loss % = 16.666666667 %