Question

(a) Mohit buys a book for Rs. 275 and sell it at a loss of 15 %. Find the selling price for the book. (b) Mr. Sajan borrowed 15,000 from a bank for 3 years at the rate of 12 % per annum. Find the interest he has to pay during this time.

Answer 1

Answer:

The cost price of the book is Rs. 275

Let the Selling price is Rs. x

Loss % =

C.P.

C.P.−S.P.

×100

15=

275

275−x

×100

275−x=

100

15×275

=41.25

x=275−41.25=Rs233.75

Answer 2

Question -

(a) Mohit buys a book for Rs. 275 and sell it at a loss of 15 %. Find the selling price for the book.

Answer -

Cost price of the book (C.P.) = Rs 275 .

Percentage loss = 15%

Loss (L) = 15% of (C.P)

= 15/100×275 = Rs 41.25

. Selling Price of book (S.P) = C.P. - L

= Rs 275 - Rs 41.25 = Rs 233.75

Book Selling Price is 233.75.