Meenakshi sells a pen for Rs.54 and loses of her outlay. Find (i) the cost price of the pen, and (ii) the loss per cent.
(i) Let × be the CP of Pen.
SP of Pen = x- 1x/10 = 54
X- X/10 = 54
9x/10 = 54
X= (54 × 10) / 9
= 60.
So, the Cost Price (CP) of Pen is Rs.60.
(ii) Loss = CP – SP
= 60 – 54
= 6
= 10%