Question

1. A mobile is purchased for ₹22,500 and sold at a loss of 20%. What is its selling price?​

Answer 1

Answer:

Given,

Cost price = CP = 22500

Loss% = 20 %

Then Loss price = 20% of 22500

= (20 X 22500)/100

= 20 X 225

= 4500

Now,

Selling Price = CP - Loss price

= 22500 - 4500

Selling price = 18,000 rs.

Hope, it will help you.