Question

. If an object is bought for $90 and then sold for a loss of 15%. How much was it sold for? Answer with step by step explanation ​

Answer 1

Answer:

$76.5

Step-by-step explanation:

we know that loss%=loss*costprice

=15% of $90

=15/100 of $90

=$13.5

therefore it is sold for $90-$13.5

=$76.5

Answer 2

The object was sold for $ 76.50

Given :

An object is bought for $90 and then sold for a loss of 15%

To find :

The amount the object was sold

Solution :

Step 1 of 2 :

Calculate loss amount

The object is bought for $ 90 and then sold for a loss of 15%

∴ Loss amount

= $ 90 × 15/100

= $ 13.50

Step 2 of 2 :

Calculate the amount the object was sold

Cost price = $ 90

Loss amount = $ 13.50

∴ Amount the object was sold

= $ 90 - $ 13.50

= $ 76.50

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