A defective briefcase costing Rs.8000 is being sold at a loss of 8% . If the price is further reduced by 5% .Find its SP
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Step-by-step explanation:
Briefcase sold at 8% loss= 8000×8÷100= 640
8000-640= 7360
Therefore, the briefcase sold at loss was Rs7360.
If the price be further reduced by 5%= 7360×5÷100=368
7360-368=6992
Therefore, sp of the briefcase is Rs6992
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