Question

Rasmi buys a calculator for ₹720 and sells it at a loss of 6% for how much does she sell it

Answer 1

Answer :-

• The selling price of the calculator is Rs 763.2.

Given :-

• Rasmi buys a calculator for Rs 720.
• She sells it at a loss of 6%.

To find :-

• The selling price of the calculator.

Step-by-step explanation :-

Detailed explanation :

Let's understand!

In this question, it has been given that Rashmi buys a calculator for Rs 720, which means that the cost price of the calculator is Rs 720. It has also been given that she sold it at a loss of 6%. So, we will find out the selling price of the calculator by finding 6% of Rs 720, as profit and loss is always calculated on the cost price.

Let's proceed!

Calculations :-

So, let's find out 6% of Rs 720 now.

$\sf6\% \: of \: 720$

Converting 6% into fraction,

$\sf \dfrac{6}{10 \!\!\!\not0} \times 72\!\!\! \not0$

Cutting off the zeroes,

$\sf \dfrac{6}{ \not1\!\!\! \not0} \times \not7 \!\!\!\not2$

Reducing the numbers,

$\sf \dfrac{6}{5} \times 36$

Now let's multiply the remaining numbers, we get :-

$\sf \dfrac{216}{5}$

Dividing 216 by 5,

$\sf43.2$

So, 6% of Rs 720 = Rs 43.2.

That means Rasmi suffered a loss of Rs 43.2.

Now, we know that :-

Selling Price = Cost Price + Loss.

Let's apply this formula.

We get :-

Selling Price = Rs 720 + Rs 43.2 = Rs 763.2.

So, Rasmi sold the calculator for Rs 763.2.