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By selling a certain number of goods for Rs. 5,500; a shopkeeper loses equal to one-tenth of their selling price. Find: the loss incurred the cost price of the goods the loss as a percent. - Mathematics

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Question

By selling a certain number of goods for Rs. 5,500; a shopkeeper loses equal to one-tenth of their selling price. Find:

  1. the loss incurred
  2. the cost price of the goods
  3. the loss as a percent.
Sum
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Solution

S.P. = Rs. 5,500

Loss = `1/10` of (S.P.) 

= `1/10xx5500`

= Rs. 550

(i) Loss incurred = Rs. 550

(ii) C.P. = Rs. 5,500 + Rs. 550

= Rs. 6,050

(iii) Loss % = `(550xx100)/6050`

= `(10xx100)/110`

= `100/11`

= `9 1/11%`

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To Find C.P., When S.P. and Gain (Or Loss) Percent Are Given
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Chapter 8: Profit, Loss and Discount - Exercise 8 (A) [Page 90]

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Selina Concise Mathematics [English] Class 8 ICSE
Chapter 8 Profit, Loss and Discount
Exercise 8 (A) | Q 7 | Page 90

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