Question

Ramesh bought a book for Rs 500 and sold it at loss of 10%. Find the selling price?
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Answer 1

Answer:

Selling price= Rs450

Step-by-step explanation:

According To the question,

SP= CP(cost price)+ Profit Margin

As there is loss of 10%.

so, 10% of 500 is: 10÷100×500=50

as the product is sold at loss..so,

SP= CP-LOSS

SP= 500-50=450

hence, the Selling price is Rs 450.