Advertisements
Advertisements
Question
By selling 8 pens, Shyam loses equal to the cost price of 2 pens. Find his loss percent.
Advertisements
Solution
- Cost price of 8 pens: Let the cost price of 1 pen be 1 unit, so the cost price of 8 pens is 8 units.
-
Selling price of 8 pens: Shyam incurs a loss equal to the cost price of 2 pens, so:
Selling price of 8 pens = Cost price of 8 pens − Loss = 8 − 2 = 6 units. - Loss per pen: Loss per pen
Loss per pen = Cost price per pen − Selling price per pen.
Cost price per pen = 1 unit, Selling price per pen = `6/8` = 0.75 units.
Loss per pen:
Loss per pen = 1 − 0.75 = 0.25 units. - Loss percentage:
`"Loss percentage" = ("Loss per pen")/("Cost price per pen") xx 100`
`0.25/1 xx 100 = 25%`
APPEARS IN
RELATED QUESTIONS
The marked price of a ceiling fan is Rs 720. During off season, it is sold for Rs 684. Determine the discount percent.
If marked price = ₹ 990 and percentage of discount is 10, then find the selling price.
A Golf set was available for Rs 36,408.96, which included three successive discounts of 16%, 14% and 10% on the marked price and a sales tax of 12%. Find the marked price of the golf set.
An article is bought from Jaipur for Rs. 4,800 and is sold in Delhi for Rs. 5,820. If Rs. 1,200 is spent on its transportations, etc. ; find he loss or the gain as a percent.
Find the S.P. in the following:
M.P. =Rs. 5500, Discount = 30%
The list price of a mobile is Rs. 4000. A customer gets two successive discounts, the first being 10%. Calculate, in percentage, the second discount, if the customer pays Rs. 3060 for it.
A trader fixes the selling price of his goods at 50% above the cost price. He sells half of his stock at this price, a quarter of his stock at a discount of 20% on the original selling price, and the rest at a discount of 36% on the original selling price. Find the gain per cent altogether.
A trader allows a discount of 12% on the marked price of the goods in his shop. He still makes a gross profit of 21% on the cost price. Find the profit percent he would have made, had he sold the goods at the marked price.
The catalogue price of an article is Rs.3600 and a manufacturer sells it to the distributor at 20% off the catalogue price. The distributor sells it to the retailer at 10% off the catalogue price. What profit percent is made by the retailer, if he sells the article to a customer at catalogue price? What profit percent is made by the manufacturer, if the catalogue price is 44% above its costs?
Ayesha announced a festival discount of 25% on all the items in her mobile phone shop. Ramandeep bought a mobile phone for himself. He got a discount of Rs 1,960. What was the marked price of the mobile phone?
