Mathematics
A man sold his bicycle for ₹ 405 losing one-tenth of its cost price. Find:
(i) its cost price;
(ii) the loss percent.
Profit, Loss & Discount
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Answer
(i) Given:
S.P. of the bicycle = ₹ 405
Loss = one-tenth of its C.P.
Let the C.P. be ₹ .
Loss =
=
As we know,
Hence, the cost price = ₹ 450.
(ii) Loss = one-tenth of the C.P.
=
=
=
Hence, the loss percent = 10%.
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