A merchant sold 25 caps at RS.9.90 per cap.In this transaction he incurred a loss of RS.40. What is the cost price of each cap?
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A merchant sold 25 caps at RS.9.90 per cap.In this transaction he incurred a loss of RS.40. What is the cost price of each cap?
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Answer: 207.5
Explanation:
25 caps x rs 9.90= 247.5
247.5 - 40= 207.5
Verified answer
Answer:
25×9.90=247.5
247.5-40=207.5
price of each cap
207.5/25= 8.3
The cost price of each cap is 8.3
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