Question

An article was bought for Rs 300 and sold at a loss of 8%. What is the selling price of the article?

Answer 1

Answer:

RS.276

Step-by-step explanation:

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here explanation for understanding

1. as loss is of 8%
2. therefore we will take 8% of 300

because 300 is purchase price or we can say Market price

3.now as 8% of 300 is 24

now we will, subtract 24 from 300 because loss has taken place in exchange of article instead of profit if profit would taken place we should have added the 24 instead of subtracting

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