Question

An item is sold at a loss of 4% on the cost price of $23670 .Calculate the selling price of the item.

Answer 1

Answer:

$22723.2

Step-by-step explanation:

Cost price = $23670

loss % = 4%

Selling price = ?

SP= CP × (100-L)

100

= 23670 × (100-4)

100

= 23670 × 96

100

=$22723.2

Answer 2

$Cost \: price \: of \: an \: item (c.p) = \ 23670$

$Loss \: (l) = 4\%$

$Selling \: price (s.p) = c.p\Big( \frac{100-l}{100}\Big)$

$= \ 23670\Big( \frac{100-4}{100}\Big)$

$= 23670\times \frac{96}{100}$

$= \ 22723.20$

Therefore.,

$\red{Selling \: price}\green { = \ 22723.20}$

•••♪