Question

If a trader who sells an item at a loss of 10 rs and loses 16 2/3%, what is the purchase price of that item?

Answer 1

Step-by-step explanation:

Let The Value of Item = x

Loss=10 or 16 2/3%

Now, (X × 16 2/3)/100 = 10

50X/3 =1000

X=1000×3/50

X=60.

Then The Purchase Price Is Rs60.

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