Question

By selling every article at a loss of rs.10, a person had 16 2/3 % loss.what was the cost price of each article?a)rs 60 b)rs 50

Answer 1

16(2/3)% = 50/3% = 50/300 = 1/6



here 1 = loss

6 = c.p.

1 = 10

6 = 6×10 = 60

c.p. = 60


hope it helps

Answer 2

Let the Cost Price be Rs a

Loss percent = Loss × 100 / CP

=> 16 2/3 = 10 × 100 / a


=> 50/3 = 1000a

=> a = 1000 × 3 / 50

=> a = 20 × 3

=> a = 60

Cost Price = Rs 60