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Question

If the cost price of 12 pens is equal to the selling price of 16 pens, find the loss per cent.


Solution

Let the CP of each pen be Rs x.CP of 16 pens=Rs 16xSP of 16 pens=CP of 12 pens=Rs 12xi.e., CP>SPNow, loss=CP-SP         =(16x-12x)         =Rs.4x Loss percentage=lossCP×100          =4x16x×100          =25%
                        
     

Mathematics
RS Aggarwal (2016)
Standard VIII

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