an article costing rupees 200 is being sold at 10 percent loss. if the price is further reduce by 5 percent find the selling price
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Solution :
Cost price of an article ( c.p ) = Rs 200
loss ( l ) = 10%
reduction ( r ) = 5%
Selling price ( s.p )
= c.p[(100-l)/100][(100-r)/100]
= 200[(100-10)/100][(100-5)/100]
= 200×(90/100)(95/100)
= ( 2 × 9 × 95 )/10
= 9 × 19
= 171
Therefore ,
Selling price of the article = Rs 171
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