Question

selling a stool for <07.50. a carpenter
it for $2.50
By selling a purse for 250, Ranjana loses one sixth of what it cost her. Find
(1) the cost price of the purse (ii) her loss percentage
Hint. C.P. - S.P. =
of C.P.
( 1 Jorce
5
ofC.P. -
of C.P. - 250
6
19 If the cost price of 11 shirts is equal to the selling price of 10 shirts, find the percent
miner Find the gain%​

Answer 1

Let the cost price of the purse be ₹x. Then,

Loss = 1/6 of ₹x

= ₹x/6

Cost Price = Selling Price + Loss

x = 250 + x/6

x - x/6 = 250

6x - x/6 = 250

5x/6 = 250

x = 250×6/5

x = 300

Hence, the cost price of the purse is ₹300.

2) Loss = Cost Price - Selling Price

= ₹(300-250)

= ₹50

Loss % = Loss/Cost Price × 100

= 50/300 × 100

= 50/3 %

= 16 unit 2/3 %.