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10. Profit and Loss
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Q26 of 94 Page 134

If the selling price of a flower vase is of its cost price, find the loss per cent.

Let × be the CP of Flower Vase


CP = x


SP = (x) × 5/6


= 5x/6


Loss = CP –SP


= × – 5x/6


= x/6


Loss Percent = (Loss × 100) / CP


= (x/6 × 100) / x


= 100/6


= 16.66%


So, If Flower vase set is sold at 5/6 price of its CP. Then Loss percent will be 16.66%.


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Questions · 94
10. Profit and Loss
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