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Question

By selling 35 greeting cards, a shopkeeper loses an amount equal to the selling price of 5 greeting cards. Find his loss percent.


Solution

Let, S.P of 1 Greeting Card be Rs. x

S.P of 35 greeting Cards = Rs. (35×x)=Rs. 35x

Loss = S.P of 5 greeting cards = Rs. x×5=Rs. 5x

CP of 35 greeting cards = S.P + Loss =Rs. (35x+5x)=Rs. 40x

Loss%=LossCP×100

=5x40x×100

=252=12.5.

Hence, Loss is 12%.

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