Question

A shopkeeper purchased a t.v. set for ₹9000 and sold it at a loss of 5%. Find the selling price

Answer 1

Selling price will be:

Cost price - Cost price × Loss %

$9000 - 9000 \times \frac{5}{100} \\ 9000 - 450 \\ = 8550$
Hence the selling price will be 8550

Answer 2

S.P= (100-5)×9000÷100
=95×9000÷100
= 95×90
= 8550

The selling price of RS.8550.
The cost price of RS.9000