Sandeep sells a pen for ₹70 and loses 1/10 of his outlay. Find the cost price of the pen and the loss percent
Answers
Answered by
1
Answer:
- SP=X-1/X=70
- X-X/10=70
- 9X/10=70
- 9X=700
- X=77.78
Therefore their is no loss it is Profit of 7 rupees and 78 paise
Step-by-step explanation:
Answered by
1
Answer:
The CP of the pen = ₹77.8
The Loss percent is 10%
Step-by-step explanation:
SP of the pen = x – x/10 =70
x – x/10 = 70
9x/10 = 70
9x = 70× 10
x = 700/9 = ₹77.8
∴ The CP of the pen = ₹77.8
Loss = CP – SP
= 77.8 – 70
= 7.8 Loss %
= (7.8 × 100) / 77.8
=10.025% ≈ 10%
∴ The Loss percent is 10%
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