A lady buys some pencils for Rs 3 and an equal number for Rs 6. She sells them for Rs 7. Find her gain or loss%
Let the number of pencils purchased for Rs. 3 = x
The same number of pencils i.e. x is bought for Rs. 6
Total cost price of 2x pencils = Rs. 3 + Rs. 6 = Rs. 9
Selling Price (SP) of 2x pencils is = Rs. 7
Profit made by selling 2x pencils =7 - 9 = - Rs. 2
Therefore a loss of Rs. 2 is made for 2x pencils
Loss% = [ Loss/CP] × 100 = [(2)/(9)] = (2/9) × 100 = 22 2/9%
✦ Try This: A lady buys some pencils for Rs 4 and an equal number for Rs 5. She sells them for Rs 8. Find her gain or loss%.
Let the number of pencils purchased for Rs.4= x
The same number of pencils i.e. x is bought for Rs. 5
Total cost price of 2x pencils = Rs. 4 + Rs. 5 = Rs. 9
Selling Price (SP) of 2x pencils is = 8
Profit made by selling 2x pencils = 8 - 9 = - Rs. 1
Therefore a loss of Rs. 1 by selling 2x pencils
Loss% = [ Loss/CP] × 100 = [(1)/(9)] = (1/9) × 100 = 11 1/9%
☛ Also Check: NCERT Solutions for Class 8 Maths
NCERT Exemplar Class 8 Maths Chapter 9 Problem 97
A lady buys some pencils for Rs 3 and an equal number for Rs 6. She sells them for Rs 7. Find her gain or loss%
Summary:
A lady buys some pencils for Rs 3 and an equal number for Rs 6. She sells them for Rs 7. Her loss is 22 2/9%
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