A shopkeeper bought 500 m of cloth at the rate of Rs 32 per metre and sold it at loss 4% calculate the loss and selling price
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SP={(100-LOSS%)/100}×CP
RATE OF 500m CLOTH=500×32=16000
SP={(100-4%)/100}×16000
SP=(96/100)×16000=₹15360
SP=₹15360
RATE OF 500m CLOTH=500×32=16000
SP={(100-4%)/100}×16000
SP=(96/100)×16000=₹15360
SP=₹15360
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