Question

There is a loss of Rs 50 by selling a book at Rs 250.Find its cost price and percent
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Answer 1

GIVEN

• Selling price = ₹ 250
• Loss = ₹ 50

TO FIND

• Loss percent
• Cost price

SOLUTION

Using formula

• Loss = Cost price - selling price
• 50 = cost price - 250
• cost price = 250 + 50 = ₹ 300

• Loss percent = Loss× Cost price /100
• Loss percent = 50 × 100/300
• Loss percent = 50/3 = 16.66 %

Answer 2

Answer: The cost price 300 and loss percent is 16.66%

Step-by-step explanation:

Given,

Selling price = 250

Loss =  50

W e have to find the Loss percent and Cost price

\

Using formula

Loss = Cost price - selling price

50 = cost price - 250

cost price = 250 + 50 = ₹ 300

Loss percent = Loss× Cost price /100

Loss percent = 50 × 100/300

Loss percent = 50/3 = 16.66 %

Hence, we get the cost price 300 and loss percent is 16.66%