Question

Ramesh bought a piano for Rs.1,12,000 and a guitar for Rs  23,000. Together,

he sold them at a loss of 3%. Find the

selling price.

​

Answer 1

Selling price = Rs.1,30,950

Step-by-step explanation:

CP of a piano   = Rs.1,12,000

CP of a guitar   = Rs 23,000

Total CP = Rs.1,12,000 + 23,000

               = Rs.1,35,000

Loss % = 3%

Loss% = Loss / CP × 100%

Loss = Loss% × CP /100

        = 3 × 1,35,000 / 100

         = 3× 1350 = Rs.4,050

SP = CP - Loss

      = Rs.1,35,000 - 4,050

      = Rs.1,30,950

Ans: SP = Rs.1,30,950

Answer 2

Step-by-step explanation:

CP of a piano   = Rs.1,12,000

CP of a guitar   = Rs 23,000

Total CP = Rs.1,12,000 + 23,000

               = Rs.1,35,000

Loss % = 3%

Loss% = Loss by CP × 100%

Loss = Loss% × CP by 100

        = 3 × 1,35,000 /

by 100

         = 3× 1350 = Rs.4,050

SP = CP - Loss

      = Rs.1,35,000 minus 4,050

      = Rs.1,30,950

Ans: SP = Rs.1,30,950