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The cost price of 19 articles is same as...

The cost price of 19 articles is same as the selling price of 29 articles. What is the loss % ?

A

0.35

B

0.3448

C

0.5263

D

none of these

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we will follow the information given and apply the relevant formulas. ### Step 1: Understand the relationship between Cost Price (CP) and Selling Price (SP) We know from the problem that the cost price of 19 articles is equal to the selling price of 29 articles. This means: - Let the cost price of one article be \( CP \). - Let the selling price of one article be \( SP \). From the information given: \[ 19 \times CP = 29 \times SP \] ### Step 2: Express SP in terms of CP Rearranging the equation gives us: \[ SP = \frac{19}{29} \times CP \] ### Step 3: Determine the loss Loss occurs when the cost price is greater than the selling price. The loss can be calculated as: \[ \text{Loss} = CP - SP \] Substituting the expression for SP: \[ \text{Loss} = CP - \left(\frac{19}{29} \times CP\right) \] \[ \text{Loss} = CP \left(1 - \frac{19}{29}\right) \] \[ \text{Loss} = CP \left(\frac{29 - 19}{29}\right) \] \[ \text{Loss} = CP \left(\frac{10}{29}\right) \] ### Step 4: Calculate the loss percentage The loss percentage can be calculated using the formula: \[ \text{Loss Percentage} = \left(\frac{\text{Loss}}{CP}\right) \times 100 \] Substituting the value of Loss: \[ \text{Loss Percentage} = \left(\frac{CP \left(\frac{10}{29}\right)}{CP}\right) \times 100 \] \[ \text{Loss Percentage} = \left(\frac{10}{29}\right) \times 100 \] ### Step 5: Perform the calculation Calculating the loss percentage: \[ \text{Loss Percentage} = \frac{10 \times 100}{29} \] \[ \text{Loss Percentage} \approx 34.48\% \] ### Final Answer The loss percentage is approximately **34.48%**. ---
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ARIHANT SSC-PROFIT, LOSS AND DISCOUNT-EXERCISE (LEVEL 1)
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  2. ITC sells one product at a profit of 20% another at a loss of 20% at t...

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  3. The cost price of 19 articles is same as the selling price of 29 artic...

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  4. The selling price of 13 articles is same as the cost price of 23 artic...

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  5. A trader can procure 34 pencils by selling 28 pencils.what is the rati...

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  6. At style cloth emporium the shopkeeper measures 20% less for every met...

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  7. A bookseller procures 40 books for ₹ 3200 and sells them at a profit e...

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  8. The profit percentage of A and B is same on selling the articles at ₹ ...

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  9. Each of A and B sold their article at ₹ 1818 but A incurred a loss of ...

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  10. A trader sold an article at a loss of 5% but when he increased the sel...

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  11. Even after a discount of q% on marked price a trader gains by p% What ...

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  12. A milk man mixes 10% water in pure milk but he is not content with it....

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  13. A person sold an electronic watch at ₹ 96 in such a way that his perce...

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  14. A trader mixes 25% kerosene to his petrol and then he sells the whole ...

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  15. A retailer cheats both to his whole-seller and his customer by 10% by ...

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  16. A trader procures his goods from a wholesaler, whose balance reads 120...

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  17. A person wants to reduce the trade tax, so he calculates his profit on...

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  18. A Vendor sells his articles at a certain profit percentage. If he sell...

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  19. A retailer increases the selling price by 25% due to which his profit ...

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  20. Abhinav saves Rs. 25 by getting 6.66% discount on a textbook. What is ...

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