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ram bought 100 pencils for 250 rs. he was not very good at calculations and made a mistake in fixing his selling price. when he sold his pencils, he incurred total lost equal to the selling price of 25 pencils. find the loss%.
say selling price = x that means he made 100x by selling 100 pencils, and incrued a loss of 25x loss = cost - sales 25x = 250-100x solve x
125x=250 x=250/125=2
yup ! so he sold the pencils at 2rs each !
loss = 25x = ?
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50
50= loss%
@ganeshie8
noo, 50 = loss amount.
loss % = loss/ cost x 100 = 50/250 x 100 = 20 %
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