A television set is purchased for ₹16,000 and sold at loss of 20%. Find the loss and the selling price.
Answers
Answered by
65
GIVEN :-
- Cost Price (CP) = ₹16,000
- Loss % = 20%
To FIND :-
- Loss
- Selling price
SOLUTION :-
★ We have the loss and then
★ Subtract it from the CP to get the SP
★ We can also find the selling price directly
STEP 1
Loss = 20% of CP = 20/100 × ₹16,000 = 3200
SP = CP - Loss = ₹16000 - ₹3200
- SP = ₹12800
STEP 2
SP = CP × ( 100 - Loss% / 100 )
SP = ₹16000 × ( 100 - 20 / 100 )
SP = ₹16000 × (80/100)
- SP = ₹12800
Answered by
70
Answer:-
Given:
CP of a television = Rs. 16000
Loss% = 20%
We know that,
CP = ( 100/100 - loss% ) * SP
Hence,
⟶ 16000 = (100/100 - 20) * SP
⟶ 16000 = (100/80) * SP
⟶ 16000 * 80/100 = SP
⟶ Rs. 12,800 = SP
Now,
Loss = CP - SP
⟶ Loss = 16000 - 12800
⟶ Loss = Rs. 3200
Therefore,
- Selling price of the television is Rs. 12800
- Loss = Rs. 3200
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