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By selling 18 chocolates, a vendor loses...

By selling 18 chocolates, a vendor loses the selling price of 2 chocolates. Find his loss percent.

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To solve the problem step by step, we will follow the mathematical concepts of profit, loss, and percentage. ### Step 1: Understand the given information The vendor sells 18 chocolates and incurs a loss equivalent to the selling price of 2 chocolates. ### Step 2: Define the variables Let: - SP = Selling Price of 1 chocolate - CP = Cost Price of 1 chocolate ### Step 3: Calculate the total Selling Price (SP) for 18 chocolates The total selling price for 18 chocolates is: \[ \text{Total SP} = 18 \times SP \] ### Step 4: Determine the loss The loss incurred by the vendor is equal to the selling price of 2 chocolates: \[ \text{Loss} = 2 \times SP \] ### Step 5: Relate Cost Price (CP), Selling Price (SP), and Loss Using the formula for loss: \[ \text{Loss} = CP - SP \] We can substitute the loss from step 4: \[ 2 \times SP = CP - (18 \times SP) \] ### Step 6: Rearranging the equation to find CP Rearranging the equation gives: \[ CP = 18 \times SP + 2 \times SP \] \[ CP = 20 \times SP \] ### Step 7: Calculate the loss percentage The loss percentage can be calculated using the formula: \[ \text{Loss Percentage} = \left( \frac{\text{Loss}}{\text{CP}} \right) \times 100 \] Substituting the values we have: \[ \text{Loss Percentage} = \left( \frac{2 \times SP}{20 \times SP} \right) \times 100 \] ### Step 8: Simplifying the loss percentage The SP cancels out: \[ \text{Loss Percentage} = \left( \frac{2}{20} \right) \times 100 \] \[ \text{Loss Percentage} = \left( \frac{1}{10} \right) \times 100 \] \[ \text{Loss Percentage} = 10\% \] ### Final Answer The loss percentage is **10%**. ---
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ARIHANT SSC-PROFIT, LOSS AND DISCOUNT-EXERCISE (LEVEL 2)
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  4. When a bicycle manufacture reduced its selling price by 50%, the numbe...

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  5. A trader marks his good such that he can make 32% profit after giving ...

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  6. . A retailer bought 3850 linc pens and 1848 cello pens at the same pri...

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  7. The ratio of selling price of 3 articles A, B, C is 8 : 9 : 5 and rati...

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  8. Anna sold his car to Boney at a profit of 20% and Boney sold it to Cha...

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  9. In an office the-number of employes reduces in the ratio of 3:2 and th...

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  10. I asked the shopkeeper the price of a wrist watch. I found that I had ...

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  11. A and B are two parthners and they have invested Rs. 54,000 and Rs.90...

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  12. A trader sells goods to a customer at a profit of k% over the cost pri...

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  13. A trader sells two brands of petrol, one is Extra Premium (EP) and oth...

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  14. A,B and C invest in the ratio of 3: 4: 5. The percentage of return on ...

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  15. Ajay bought a motor cycle for ₹ 50,000.2 years later he soldit to bijo...

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  16. Kamal bought a house in Sushant city, whose sale price was ₹ 8 lakh. H...

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  17. I wanted to purchase 10 chairs for the class room whose cost was ₹ 200...

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  18. The cost of servicing of a maruti car at Maruti care Pvt. Ltd. is ₹ 40...

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  19. The cost price of an article is C and the selling price of the same ar...

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  20. C.P. of 12 oranges is equal to S.P. of 9 oranges and discount of 10 or...

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  21. A car mechanic purchased four old cars for ₹ 1 lakh. He spent total 2....

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