On selling a toy at the rate of 136 per piece a seller incurred a loss of 15%. If he sells five toys at the rate
148 per piece, what will be his total loss on selling those five toys?
On selling a toy at the rate of 2 136 per piece a seller incurred a loss of 15%. HE
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Total loss is equal to 60 rupees.
Step-by-step explanation:
Let the toy be bought at x rupees.
As given seller is selling the toy at 15% loss, so the selling price of the toy is
Selling price = x - ( 0.15 )( x ) = 0.85( x )
As given in the question selling price is equal to 136 rupees.
So,
0.85( x ) = 136
x = 160
We get the cost price ( x ) as 160 rupees.
Now, he is selling each toy at 148 rupees.
So, he is selling each toy at a loss of 12 rupees per toy and he sold 5 toys.
Therefore the total loss of seller is 60 rupees.
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