Question

if the selling price of 16 pen is the same to the cost price of 17 find the profit or loss per cent
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Answer 1

Answer:-

Let the cost price of one pen be ₹x

Therefore cost price of 16 pens = ₹16x

According to the question,

Selling price of 16 pens = Cost price of 17 pens

Therefore selling price of 16 pens = ₹17x

Selling price > Cost price

Therefore it was a loss after selling the 16 pens

Loss = ₹(17x - 16x)

Loss = ₹x

Loss percentage = (loss\cost price) × 100

Loss percentage = (x/16x) ×100

⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀= (1/16) ×100

⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀= 6.25%

Answer:- The loss percentage after selling the 16 pens was 6.25%

@BengaliBeauty

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