Shiv bought a flat for ₹12,480 and sold it after a year at a loss of ₹1660. How much did he sell it for?
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Answer:-
- SP of flat is ₹10,820
Question:-
- Shiv bought a flat for ₹12,480 and sold it after a year at a loss of ₹1660. How much did he sell it for?
Given:-
- CP of flat is ₹12,480
- Loss of ₹1660
To find:-
- SP of flat ?
Formula:-
- Profit = SP - CP
- Loss = CP - SP
Solution:-
- Put the value in formula
- => 1660 = 12480 - SP
- => SP = 12480 - 1660
- => SP = 10820
Hence:-
- SP of flat is ₹10,820
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