Question

Hi Gm to all
A shopkeeper bought airconditioners for rs. 14,500 each. However as the weather was cool he had to sell them at 20% loss. Find the selling price of each airconditioner.​​

Answer 1

$\huge{\mathtt{\underline{\underline{\color{pink}{Solution}}}}}$

Given:

• Cost price = ₹14,500
• Loss = 20%

Formula used:

${\red{\boxed{\bold{Selling \: price = Cost \: price - Loss}}}}$

Answer:

Loss price = $\frac{20}{100} \times 14500$

So, the loss is of ₹2,900

Selling price = ₹(14,500 - 2,900)

Hence, the selling price of air conditioner is ₹11,600.

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