Saved Bookmarks
| 1. |
A man bought apples at 10 for ₹75 and sold them at ₹75 per dozen. Find his loss percent. |
|
Answer» We know that the CP of 10 apples = ₹75 CP of 1 apple = ₹75/10 = ₹7.5 CP of 1 dozen apples = ₹7.5 × 12 = ₹90 SP of 1 dozen bananas = ₹75 Since, SP is less than CP so it’s a loss. Loss = CP – SP = 90 – 75 = 15 Loss % = (loss × 100) / CP = (15 × 100) / 90 = 16.66% ∴ The Loss percent is 16.66% |
|