1.

A shopkeeper gives an offer of "Buy two get three free". Find his loss percentage if he sells at cost price.1). 50%2). 200%3). 150%4). 60%

Answer»

LET cost PRICE of one item be RS. x

Total cost price = cost price of FIVE item = 5 × x = 5x

Total selling price = cost price of two item = 2 × x = 2X

∴ Loss % = {(SP – CP)/CP} × 100 = {(5x – 2x)/5x} × 100 = (3/5) × 100 = 60% 



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