On selling 36 mobiles, a mobile vendor got a loss equivalent to the selling price of four mobiles. The loss percent is: |
10% 12.50% 8.50% 8.0% |
10% |
Let the selling price of one mobile be Re. x Then, the selling price of 36 mobiles is Rs. 36x And the selling price of 4 mobiles is Rs. 4x The loss of vendor = Rs. 4x The cost price of the vendor = 36x + 4x = Rs. 40x Loss% = \(\frac{4x}{40x}\)× 100 Loss% = 10% |