Math Problem Statement
answer
Solution
To solve this problem:
Step 1: Cost Price (C.P.) per pen
The person buys 20 pens for Rs. 60. Therefore, the cost price per pen is:
Step 2: Selling Price (S.P.) per pen
The person sells 20 pens for Rs. 50. Hence, the selling price per pen is:
Step 3: Loss per pen
The loss per pen is:
Step 4: Loss percentage
The loss percentage is calculated as:
Final Answer:
The loss percentage is 16.67%.
Let me know if you'd like a detailed breakdown of any step or have further questions!
Here are some related questions for practice:
- What would be the profit percentage if the pens were sold at Rs. 70 for 20 pens?
- Calculate the loss percentage if the pens were sold at Rs. 40 for 20 pens.
- What is the break-even selling price per pen?
- How does the loss percentage change if 25 pens were sold for Rs. 60?
- If the cost price of 30 pens is Rs. 90, how does this affect the loss percentage calculation?
Tip: Always calculate cost price and selling price per unit when dealing with bulk transactions!
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Math Problem Analysis
Mathematical Concepts
Cost Price
Selling Price
Profit and Loss
Percentage Calculation
Formulas
Cost Price (C.P.) per unit = Total Cost / Quantity
Selling Price (S.P.) per unit = Total Selling Price / Quantity
Loss = C.P. - S.P.
Loss Percentage = (Loss / C.P.) × 100
Theorems
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Suitable Grade Level
Grades 6-8
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