Question

kanti purchased a sewing machine for RS2,000. she sold at a loss of 40%. find the selling price​

Answer 1

Answer:

M.P=2000/-

Discount=40percentage

amount of discount=(2000*40/100)=800

S.P=M.P-discount

=2000-800

=1200

Answer 2

Given:

Kanti purchased a sewing machine for Rs 2000 and sold it at a loss of 40%.

To Find:

The selling price of the sewing machine is?

Solution:

The given problem can be solved using the concepts of profit and loss.

1. Kanti purchased the sewing machine for Rs 2000,

=> Cost price of the sewing machine = Rs 2000.

2. Kanti sold the machine at a loss of 40%. The formula used to calculate the Selling price is,

=> Selling price = Cost price + profit - loss.

3. Using the formula mentioned above the selling price can be calculated,

=> Selling price = 2000 - 40% of 2000,

=> Selling price = 2000 - (40x2000)/100,

=> Selling price = 2000 - 40 x 20,

=> Selling price = 2000 - 800,

=> Selling price = Rs 1200.

Therefore, the selling price of the sewing machine is Rs 1200.