% d) C.P. = Rs 760, loss percent = 5% find S.P
Answers
Answer
SELLING PRICE = (100-LOSS%)COST PRICE/100
SP=[100-5%]760/100
SP=[95*76]
SP= RS. 7220
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Answer:
The selling price of an article is :-
➵ Rs 722
Step-by-step explanation:
Given:-
The cost price of an article is Rs 760
Loss percentage is 5%
To find:-
The Selling Price of the article
Solution:-
As the question has given that the an article was bought for Rs 760 and sold at a loss of 5%
We can easily find the selling price using the formula:-
⇶ SP = {(100-loss%)/100}×CP
- CP = 760
- Loss% = 5%
Applying formula:-
⇒ SP = {(100-5)/100}×760
⇒ SP = {95/100}×760
⇒ SP = 0.95 × 760
⇒ SP = 722
The SP we got is 722
Answer:-
Hence, The selling price was Rs 722.
-: Formulas to learn :-
⇒ Loss = CP - SP
⇒ Profit = SP - CP
⇒ Loss % = (loss/CP)×100
⇒ Profit % = (profit/CP)×100
⇒ SP = {(loss+profit %)/100}×CP
⇒ CP = {100/(100-loss%)}×SP
⇒ CP = {100/(100+Profit%)}×SP