If a good which cost Rs 59 is sold at a loss of 25% . What is the selling price.
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Answer:
the selling price will be 14.7 .i hope this will help you
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Given:-
Cost price, C.P. = Rs.59
Loss % = 25%
To find:-
The selling price of the good.
Solution:-
1. Method 1:-
We have C.P. = Rs.59
and Loss percent = 25
⇒ 100 × = 25%
⇒ 100 ×
⇒ loss = 25 ×
⇒ loss = 59/4 = 14.75
Using the formula SP = CP-Loss,
SP = 59 - 14.75 = Rs.44.25
2. Method 2:-
We have,
CP = Rs.59 and loss percent = 25%
By using the formula SP =( ×CP)
∴ SP = × 59 = × 59
⇒ SP = × 59 = 3 × 14.75 = Rs.44.25
Hence, the SP is Rs.44.25
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