Some pencils are purchased at the rate of 4 pencils for Rs. 5 and sold at the rate of 5 pencils f
Rs. 4. Find the loss per cent.
10
es and sells
Answers
Loss % = 36 %
Step-by-step explanation:
Given:
- Cost price of 4 pencils is Rs 5.
- Selling price of 5 pencils is Rs 4.
To Find:
- What is the loss percent ?
Solution: First of all let's find out cost price and selling price of one pencil.
Cost of 1 pencil = 5/Number of pencils
∴ C.P of 1 pencil = 5/4 = Rs 1.25
Selling price of 1 pencil = 4/Number of pencils
∴ S.P of 1 pencil = 4/5 = Rs 0.8
[ On comparing both C.P & S.P ]
- S.P < C.P (Here is a loss)
As we know that ,
Loss = C.P – S.P
➟ Loss = Rs (1.25 – 0.8)
➟ Rs 0.45
Loss % = Loss/C.P(100)
➟ Loss % = 0.45/1.25(100) %
➟ (45/1.25) %
➟ 36 %
Hence, the loss percent is 36%.
Step-by-step explanation:
Given that, some pencils are purchased at the rate of 4 pencils for Rs. 5 and sold at the rate of 5 pencils for Rs. 4.
We have to find the loss percentage and sells.
4 pencils are brought for 5 rupees. The Cost Price of one pencil = 5/4 = Rs. 1.25 .............(1)
Sale Price of one pencil = 4/5 = Rs. 0.80 ..............(2)
Loss per pencil = eq (1) - (2)
= Rs. 1.25 - Rs. 0.80 = Rs. 0.45
Loss% = (Loss × 100)/C.P.
Substitute the values,
Loss% = (0.45 × 100)/1.25
Loss% = 45/1.25
Loss% = 36%
Hence, the loss percentage is 36% and selling price is Rs. 0.80.