Anil buys a book for 275rupees sell it at a loss of 15% how does he sell it for
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➤ Given :-
Cost price of book :- ₹ 275
Loss percentage :- 15%
➤ To Find :-
Selling price of the book............
➤ Solution :-
First, we should find out the loss in numerical form by finding 15% of 275 rupees...........
Loss :-
Now,
Selling price of the book :-
The selling price of the book is ₹233.75.
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Some related formulas :-
Profit :-
Loss :-
Profit percentage :-
Loss percentage :-
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More to know................
- Profit and loss are obtained for all shopkeepers in their shops. The profit is obtained when the selling price is greater than cost price. The loss is obtained when the cost price is greater than selling price. The profit and loss can also be converted into percentage format by some mathematical formulas.
- To convert the profit to percentage from, first we should divide the profit and cost price and then multiply by 100.
- To convert the loss to percentage form, first we should divide the loss and cost price and then multiply by 100.
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