A pencil box was bought for ₹160 and sold at a loss of 18%. Find the loss and selling price of the pencil box
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Answered by
8
Answer:
Loss : ₹ 28.8. SP = ₹ 131.2
Step-by-step explanation:
Cost of one pencil box = ₹ 160
Loss = 18 %
Amount of loss = Amount on which loss is calculated × rate of loss
= 160 × 18/100
= ₹ 28.8
Selling price = Actual amount - loss
= 160 - 28.8
= ₹ 131.2
Answered by
1
Answer:
Step-by-step explanation:
The original% is 100;new % is (100-18)=82;loss price will be (18×160)÷100=£28.8; Now selling price is given by buying price-loss price(160-28.8)=£131.2
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