Question

. A trader bought a TV set for birr 2ooo and sold it at loss of 51/2%, what was the selling price?

Answer 1

Hey sup!

As per the question,

CP=2000.
Loss%=51/2%.

So, selling price= 2000(1-51/2*100).
=2000(1-51/200)
= 2000 × 149/200.
= 1490.

Hope it helps.