A shopkeeper purchased a T.V. set for $9,000 and sold it at a loss of 5% find the selling price of the TV set.
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Answer:
CP of TV = $9000
Loss % = 5
SP = CP * ( 100 - Loss %/100 )
= $9000 * (100-5/100)
= $9000 * 95/100
= $8550
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