Question

A man buys a fan for Rs. 1000 and sells it at a loss of 15%. What is the selling price of the fan?

Answer 1

Answer:

Selling Price = R.850/-

Step-by-step explanation:

Solution:

Cost Price of the fan is Rs.1000

Loss percentage is 15%

As we know, Loss percentage = (Loss/Cost Price) x 100

15 = (Loss/1000) x 100

Therefore,

Loss = 150 rs.

As we know,

Loss = Cost Price – Selling Price

So, Selling Price = Cost Price – Loss

= 1000 – 150

Selling Price = R.850/-

Answer 2

Answer:

A man buys a fan for Rs. 1000 and sells it at a loss of 15%. What is the selling price of the fan?

Step-by-step explanation:

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