Question

Shilpa buys some pencils at the rate of 15 for Rs.24 and sells them at the rate of 10 for Rs.18.Find her loss% or gain%

Answer 1

Answer:

rate of buying= 15 Rs. per 24 R

cost of 1 R = 15/24 Rs

# rate of selling = Rs. 10 per 18 R

cost of 1 R = 10/18 Rs.

# gain/ loss = s. p- c. p

= 10/18-15/24

= 40- 45/ 72

= -5/72

so. s. p< c. p

so loss % = loss/c. p× 100

= 5/72/15/24 × 100

= 100/ 9

= 11.11 ( approx) (ans)