A television is purchased for Rs 36000 and sold at a loss of 20% .Find the loss
and selling price.
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Answer:
selling price of television is Rs.28,800 and loss is Rs.7,200
Step-by-step explanation:
Given:
C.P of television = Rs. 36,000
Loss % = 20%
As we know that,
S.P = C.P {1 -(%loss /100)}
= 36,000 {1 - (20 /100)}
= 36,000 {1 - (1/5)}
= 36,000 {(5-1)/5}
= (36,000 × 4) /5
= 1,44,000 /5 = Rs.28,800
Loss = C.P - S.P
= 36, 000 - 28800= Rs.7,200
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