Question

Find the S.P, if C.P is rupees 2,000 and loss per cent is 20.
Please explain step by step if you do so i will mark you as brainliest

Answer 1

Answer:

1600

Step-by-step explanation:

$\ggg \underline{\bold{Given:-}}$

Cost price = 2000

Loss percent = 20%

Selling Price = ?

$\ggg \underline{\bold{Solution:-}}$

We Know,

$\boxed{SP = \frac{100-loss\:percent}{100} \times CP}$

$\Rightarrow \frac{100-20}{100} \times 2000$

$\Rightarrow \frac{80}{100} \times 2000$

$\Rightarrow 80\times 20$

$\Rightarrow 1600$

$\boxed{\mathfrak{Selling\:Price =}1600}$

$\ggg\underline{\bold{Note:-}}$

1. Cost Price:- The price at which goods are or have been bought by a merchant or retailer.
2. Selling Price:- The selling price of something is the price for which it is sold.