Question

Find the S.P when C.P = ₹ 12.50 ; Loss = 13 1/3 %

Answer 1

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Answer 2

Answer:

selling price = Rs10.83

Explanation:

Given Cost price (c.p)=Rs12.50

Loss (l) = 13⅓% = 40/3%

Let the selling price = s.p

$s.p=c.p\frac{\left(100-l\right)}{100}$

$\implies s.p=12.50\times\frac{\left(100-\frac{40}{3}\right)}{100}$

$\implies s.p=12.50\times\frac{\left(300-40\right)}{3\times100}$

$\implies s.p = 12.50\times\frac{260}{300}$

$\implies s.p = \frac{3250}{300}$

$\implies s.p = Rs10.83$

Therefore,

Selling price (s.p) = Rs10.83

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