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By selling 50 pens, a shopkeeper lost th...

By selling 50 pens, a shopkeeper lost the amount equal to the selling price of 10 pens. His loss per cent is __________.

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To find the loss percentage of the shopkeeper who sold 50 pens and incurred a loss equal to the selling price of 10 pens, we can follow these steps: ### Step 1: Define Variables Let the selling price (SP) of one pen be \( x \). ### Step 2: Calculate Total Selling Price The total selling price (SP) of 50 pens is: \[ \text{Total SP} = 50 \times x = 50x \] ### Step 3: Calculate Loss Amount According to the problem, the loss incurred by the shopkeeper is equal to the selling price of 10 pens: \[ \text{Loss} = \text{SP of 10 pens} = 10 \times x = 10x \] ### Step 4: Calculate Cost Price Using the relationship between Cost Price (CP), Selling Price (SP), and Loss: \[ \text{CP} = \text{SP} + \text{Loss} \] Substituting the values we have: \[ \text{CP} = 50x + 10x = 60x \] ### Step 5: Calculate Loss Percentage The formula for loss percentage is: \[ \text{Loss Percentage} = \left( \frac{\text{Loss}}{\text{CP}} \right) \times 100 \] Substituting the values we found: \[ \text{Loss Percentage} = \left( \frac{10x}{60x} \right) \times 100 \] ### Step 6: Simplify the Expression The \( x \) in the numerator and denominator cancels out: \[ \text{Loss Percentage} = \left( \frac{10}{60} \right) \times 100 = \frac{1}{6} \times 100 \] ### Step 7: Final Calculation Calculating \( \frac{1}{6} \times 100 \): \[ \text{Loss Percentage} = 16.67\% \] Thus, the loss percentage is \( 16.67\% \). ---
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