Question

2
A TV set is bought for Rs.37,200 and sold at a loss of 163%. Find the selling price?
1) Rs. 30,000 2)Rs.36,000 3) Rs. 31,000 4) Rs. 33,000 5) None of th​

Answer 1

Step-by-step explanation:

cost price of T.V = Rs.37,20

loss% = 163%

firstly we have to find the loss from the formula of

loss% = loss/CP × 100

163 = loss/37,200 × 100

163 × 372 = loss

Loss = Rs 60,636

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