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If a boy bought 5 pencils for 10 Rupees and sold them at a 10% loss, what is his selling price?
  1. 5.0
  2. 9
  3. 8
  4. 4.7
Explanation

Given:  

Cost of 5 pencils = ₹10  

So, Cost Price (CP) of 1 pencil = ₹10 ÷ 5 = ₹2


Loss = 10%


Now,  

Selling Price (SP) = CP × (1 - Loss%)  

SP = ₹2 × (1 - 10/100)  

SP = ₹2 × 0.90 = ₹1.80 per pencil


Total SP for 5 pencils = 5 × ₹1.80 = ₹9.00


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