Question

Find the selling price of an article which is purchased for ₹1240 and sold at a loss of 7%?​

Answer 1

${ \red{\tt{ \underline{\underline{Answer:}}}}}$

Given -

CP of an article i.e Rs 1240, Loss (%) is 7%.

To find -

SP of the article.

______________________________________

CP of the article = Rs 1240

Loss (%) = 7 %

To find SP when loss (%) is given :

$CP \times\bigg(\dfrac{100 - loss\%}{100}\bigg)$

SP =

$SP = CP \times\bigg(\dfrac{100 - loss\%}{100}\bigg) \\ SP = 1240 \times \bigg(\dfrac{100 - 7}{100}\bigg) \\ SP= 1240 \times \bigg(\dfrac{93}{100}\bigg) \\ SP = 1240 \times \frac{93}{100} \\SP = 1153.2$

So SP is Rs 1153.2 . It can be re-written as Rs 1154(approx.).