Question

6. Amita purchased a watch for Rs 500.
She sold it at a loss of 20%. Find the
selling price. *

Answer 1

Step-by-step explanation:

500/100 = 5

5*20 = 100

500-100 = 400

she sold the watch for 400rs

Answer 2

$\huge\mathcal\purple{\underline{Formula}}$

Cost price - Loss percent = Selling price

$\large{\fbox{Given:-}}$

Cost price = 500

Loss Percent = 20%

Selling Price = ?

$\text{\underline{Selling Price}} = \text{Cost price - Loss} \\ = 500 - 20 \\ = 480$

$\text{\underline{Selling Price}} = \text{Cost price×100} \\ {480 \times 20} \\ = 9600$

Answer:-

${\therefore{\text{Hence, 9600 is the selling price.}}}$