Question

Find the selling price.
cost price = ₹900
loss percent = 16.5

Answer 1

Answer:

SP = CP - loss

SP = CP - loss% × CP/100

SP = (₹900 - 16.5) × (₹900/1000)

SP = 883.5 × 9

SP = 7,951.5

Answer 2

Given: The cost price is ₹900 and the loss percent is 16.5%.

To find: The selling price.

Solution:

• Cost price is the actual price of an item and selling price is the price at which it is sold.
• When the selling price is greater than the cost price, there is a loss.
• The selling price using the loss percentage is calculated by the following formula,

        $S.P. = C.P. - \frac{(L)percent}{100} * C.P.$

• Here, S.P. is the selling price, C.P. is the cost price, (L) percent is loss percent and the minus sign indicates loss.
• On replacing the terms with the values given in the question, the obtained equation is,

        $S.P. = 900 - \frac{16.5}{100} * 900$

                $= 751.50$

Therefore, the selling price is ₹751.50.