Question

4. Ramesh bought a piano for 1,12,000 and a guitar for 23,000. Together, he sold them at a loss of 3%. Find the selling price​

Answer 1

Answer:

The selling price is 130950.

Step-by-step explanation:

Given:

CP = 112000 + 23000

Loss % = 3%

SP = [(100 - loss %) / 100] * CP

SP = [(100 - 3) / 100] (112000 + 23000)

SP = [(100 - 3) / 100] · 135000

SP = ( 97 / 100 ) · 135000

SP = 0.97 · 135000

SP = 130950

To be sure:

112000 + 23000 = 135000

0.03 x 135000 = 4050

135000 - 4050 =  130950