the selling price of an item is 19 times the loss. what is the percentage of loss?
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Answered by
66
- Let the loss be Rs. x .
- So SP = 19 x.
- CP = SP +Loss
Loss = 19 x + x = 20 x .
Loss % = x/20x × 100 % = 5.
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shamikaotavanekar:
Options are a) 10 b) 20 C) 5 d) 7.5
Answered by
24
The percentage of loss is 5 percent
Let loss in the whole process be x.
Then selling price according to question is 19 times of loss .
So SP will be 19 ×loss=19x
We know that loss=CP-SP
Where CP is cost price and SP is selling price.
So x=CP-19x
CP=20x
Loss%=loss/CP×100
Loss%=x/20x×100
=1/20×100=5
So loss percentage of given problem is 5%.
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