- A person bought a bike in 75000. But because
of some reasons, he had to sell it at a loss of
15%. What is the SP of the bike?
so
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A person bought a bike in 75000. But becauseof some reasons, he had to sell it at a loss of15%. What is the SP of the bike?
Cost price - ₹75000
Loss percentage - 15 %
Selling price = [(100 - loss percentage ) / 100 ] ×
[(100 - loss percentage ) / 100 ] × Cost price
SP =[( 100 - 15) /100] × 75000
=( 85 / 100 ) × 75000
So , Selling price is ₹63, 750 rupees
Hope this is helpful !!
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