Question

Cp = 2850 Loss =15%
Sp=?

Answer 1

Step-by-step explanation:

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Answer 2

Answer:

The selling price is found to be Rs 2422.5

Step-by-step explanation:

Here we have been given to find the Selling price of the respective article whose cost price was Rs 2850 and it had been sold at a loss of 15 % on the cost price. Now we calculate the selling price by the given formula:

$SP = CP - Loss$

⇒ SP = Rs 2850 - 15% of Rs 2850

⇒ SP = Rs 2850 - $\frac{15}{100}$ × Rs 2850

⇒ SP = Rs 2850 - $\frac{3}{20}$ × Rs 2850

⇒ SP = Rs 2850 - 3 × Rs 142.5

⇒ SP = Rs 2850 - Rs 427.5

⇒ SP = Rs 2422.5

The seling price is found to be Rs 2422.5