By selling a purse for rupees 250. Ranjana loses one sixth of what it cost for. 1 find the cost price of the purse 2 her loss percentage Hint CP-ST = 1/6 of CP = 5 /6 ofCP = 250 rupees
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Solution
CP - SP = 1/6 of CP so 5/6 of CP = SP = 250 rupees So CP = (6/5)(250) = Rs 300 Loss % = (CP-SP)/CP x 100 = (300-250)/300 x 100 = 50/300 x 100 = 50/3 % or 16.67% Answer 1. Rs 300 2. 50/3% or 16.67%