B.P.S.C. School Teacher 24.08.2023 (II)

On selling 30 chairs, a furniture seller gets a loss equal to selling price of 6 chairs. His loss percent is

a16
b$16\frac{1}{3}$
c$16\frac{2}{3}$✓ Correct
dMore than one of the above
eNone of the above

Explanation

On selling 30 chairs, a furniture seller get a loss equal to selling price of 6 chairs. Now loss = cost price – selling price According to question– 6 selling price (SP) = 30 cost price (CP) – 30 selling price (SP) 6 SP + 30 SP = 30 CP $\frac{SP}{CP} = \frac{30}{36}$ L% = $\frac{CP - SP}{CP} \times 100 = \frac{36 - 30}{36} \times 100$ L% = $\frac{6}{36} \times 100 = \frac{100}{6}$ L% = $16\frac{2}{3}\%$

general-mental-ability