Question

A bícycle is bought for Rs. 4,500. He sold it at a loss of 20%. Find
the selling price

Answer 1

Answer:

3600 Rupees

Step-by-step explanation:

Cost price = 4500

Loss % = 20

To find the Selling price of the bicycle, we have to find the 20% of 4500. So,

4500 x 20/100

= 900 Rupees

This is the loss money but we have to find the selling price. Therefore, we will subtract the loss money from the cost price.

4500 - 900 = 3600

3600 Rupees

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