Question

An almirah was bought for 700 and 125 were spent on repair it was sold at loss of 10% find the selling price of almirah

Answer 1

Given:

An almirah was bought for 700 and 125 were spent on repair

It was sold at a loss of 10%

To find:

The selling price of almirah

Solution:

The cost price of the almirah was = Rs. 700

The money spent on repairs = Rs. 125

∴ The total cost price of the almirah was = Rs. 700 + Rs. 125 = Rs. 825

Loss = 10%

Now,

The S.P. of the almirah is given by,

= $\frac{(100 - Loss\%)}{100}\times C.P.$

= $\frac{(100 - 10)}{100}\times 825$

= $\frac{90}{100}\times 825$

= $0.9 \times 825$

= $\bold{742.50}$

Thus, the selling price of the almirah is → Rs. 742.50.

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