Question

Ravi buys a t.v. for ₹ 20,000 and sell it at a loss of 10%. at what price does he sell it for?

Answer 1

Answer:

Given,

C. P. = Rs. 20000

loss % = 10%

loss % = loss /c.p. * 100

10 = loss / 20000 * 100

10/100 = loss / 20000

1/10 * 20000 = loss

loss = 2000

Hence, selling price = C.P - loss

= Rs. ( 20000 - 2000)

= Rs. 18000