Home
Class 14
MATHS
I loss 9 per cent by selling pencils at ...

I loss 9 per cent by selling pencils at the rate of 15 a rupee. How many for a rupee must I sell them to gain 5 per cent?

A

10

B

13

C

15

D

18

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, let's break it down: ### Step 1: Understand the Loss You are selling pencils at the rate of 15 pencils for 1 rupee and incurring a loss of 9%. This means that the selling price (SP) of the pencils is less than the cost price (CP). ### Step 2: Calculate Selling Price Since you sell 15 pencils for 1 rupee, the selling price of one pencil is: \[ \text{SP of one pencil} = \frac{1 \text{ rupee}}{15} = \frac{1}{15} \text{ rupee} \] ### Step 3: Determine Cost Price If you are incurring a loss of 9%, it means you are selling the pencils for 91% of their cost price. Therefore, we can express the relationship as: \[ \text{SP} = \text{CP} \times \left(1 - \frac{9}{100}\right) = \text{CP} \times \frac{91}{100} \] Now, substituting the SP: \[ \frac{1}{15} = \text{CP} \times \frac{91}{100} \] ### Step 4: Solve for Cost Price To find the cost price (CP), rearranging the equation gives: \[ \text{CP} = \frac{1}{15} \times \frac{100}{91} = \frac{100}{1365} \text{ rupee} \] ### Step 5: Calculate New Selling Price for Gain Now, you want to sell the pencils to gain 5%. This means the new selling price (SP') should be 105% of the cost price: \[ \text{SP'} = \text{CP} \times \left(1 + \frac{5}{100}\right) = \text{CP} \times \frac{105}{100} \] Substituting the value of CP: \[ \text{SP'} = \frac{100}{1365} \times \frac{105}{100} = \frac{105}{1365} \text{ rupee} \] ### Step 6: Determine How Many Pencils for 1 Rupee To find out how many pencils you need to sell for 1 rupee at this new selling price: \[ \text{Number of pencils} = \frac{1 \text{ rupee}}{\text{SP'}} = \frac{1}{\frac{105}{1365}} = \frac{1365}{105} \] Calculating this gives: \[ \frac{1365}{105} = 13 \] ### Final Answer Thus, you must sell **13 pencils for 1 rupee** to gain 5%. ---
Promotional Banner

Topper's Solved these Questions

  • PROFIT, LOSS AND DISCOUNT

    DISHA PUBLICATION|Exercise Practice Exercise (Expert Level)|30 Videos
  • PROFIT, LOSS AND DISCOUNT

    DISHA PUBLICATION|Exercise Test Yourself|15 Videos
  • PROFIT, LOSS AND DISCOUNT

    DISHA PUBLICATION|Exercise Practice Exercise (Foundation Level)|54 Videos
  • PROBABILITY

    DISHA PUBLICATION|Exercise TEST YOURSELF|15 Videos
  • PROGRESSIONS

    DISHA PUBLICATION|Exercise TEST YOURSELF|15 Videos

Similar Questions

Explore conceptually related problems

A person bough articles at 30 for a rupee. How many for a rupee must to sell to gain 20% ?

A man bought toffees at 6 for a rupee. How many toffees for a rupee must he sell to gain 50%?

A vendor bought buttons at 6 for rupee.How many for a rupee must he sell to gain 20%?

By selling oranges at 32 a rupee, a man loses 40%. How many for a rupee should he sell in order to gain 20% ?

By selling 12 apples for a rupee, a man loses 20% . How many for a rupee should he sell to gain 20% ?

Q.By selling 12 toffees for a rupee,a man loses 20%. How many for a rupees should he sell to get a gain of 20%?

A person buys some pencils at 5 for a rupee and sells them at 3 for a rupee This gain per cent will be

DISHA PUBLICATION-PROFIT, LOSS AND DISCOUNT-Practice Exercise (Standard Level)
  1. A shopkeeper bought 150 calculators at the rate of Rs. 250 per calcula...

    Text Solution

    |

  2. A firm of readymade garments makes both men’s and women’s shirts. Its ...

    Text Solution

    |

  3. A tradesman marks his goods at 25% above cost price and allows discoun...

    Text Solution

    |

  4. A book seller sells a book at a profit of 10%. If he has bought it at ...

    Text Solution

    |

  5. A watch passes through three hands and each gains 25%. If the third se...

    Text Solution

    |

  6. I loss 9 per cent by selling pencils at the rate of 15 a rupee. How ma...

    Text Solution

    |

  7. A tradesman marks an article at Rs. 205 more than the cost price. He a...

    Text Solution

    |

  8. A manufacturer makes a profit of 15% by selling a colour TV for Rs. 57...

    Text Solution

    |

  9. The profit earned when an article is sold for Rs. 800 is 20 times the ...

    Text Solution

    |

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

    Text Solution

    |

  11. A manufacturer of a certain item can sell all he can produce at the se...

    Text Solution

    |

  12. Dolly goes to a shop to purchase a doll priced at Rs. 400. She is offe...

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

  16. The cost of setting up a magazine is ₹ 2800. The cost of paper and ink...

    Text Solution

    |

  17. A person purchases 90 clocks and sells 40 clocks at a gain of 10% and ...

    Text Solution

    |

  18. A tradesman fixed his selling price of goods at 30% above the cost pri...

    Text Solution

    |

  19. Cheap and Best, a kirana shop bought some apples at 4 per rupee and an...

    Text Solution

    |

  20. Amar sold his moped to Bharat at 20% profit and Bharat sold it to Srid...

    Text Solution

    |