Question

3. An article was bought an article for 250 and sold it at a loss of 5%. Find and the S.P.​

Answer 1

Answer:  

The cost price of an article is 250/-

The loss percentage is 5%

Cost price = (100 x SP) / ( 100 + gain)

Cost price = (100 x 250) / 105

Cost price = (100 x 250) / 105 = Rs. 238

Therefore the and selling price is 238/-