Question

By selling a certain number of goods for Rs. 5,5005,500, a shopkeeper loses equal to one-tenth of their selling price. Find the loss percent.

• A. $7\frac{1}{6}\%$
• B. $8\frac{1}{3}\%$
• C. $9\frac{1}{11}\%$
• D. $10\frac{1}{13}\%$

Answer 1

Answer: (C)

$9\frac{1}{11}\%$

Given, $S.P.=Rs5500$
$Loss=\frac{5500}{10}=Rs550$
$C.P=S.P+Loss=5500+550=Rs6050$
Loss % $=\frac{Loss}{C.P.}\times 100=\frac{550}{6050}\times 100=9\frac{1}{11}$ %