CP=Rs.1540 , Loss=4% ,Find the Sp
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STEP BY STEP EXPLANATION
CP=1540
Loss=4%
SP={100-4/100*1540}
={96/100*1540}
={0.96*1540}
=1478.4
Answered by
1
Answer: Selling price (SP) = 1478.4 rupees.
Step-by-step explanation:
Cost price (CP) = 1540 Rs.
Percentage of loss = 4%
We have to find selling price SP of that product,
By the formula of percentage loss if cost price (CP) and percentage of loss is given then the formula of selling price (SP) will be cost price (CP) - loss in rupees.
Sp = CP - loss
Loss = 1540×(4/100)
= 1540/25
= 61.6 rs.
Now,
SP = CP - Loss
SP = 1540 - 61.6
SP = 1478.4 rs
Therefore the selling price (SP) of that product of CP 1540 rs and percentage of loss 4 is 1478.4 rs.
Steps to solve this type of question:-
- Note all the given information
- Put formula of that question
- Solve
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