Question

The C.P. of an article is Rs.6250. Sudhir sells it at a loss of 24% . Find its selling price.​

Answer 1

Solution:

Question is based on Profit and loss where we are given with the cost price of an article and the loss %. We have to find the Selling price.

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• Cost price of the vase = Rs. 6250
• Loss % = 24%

To Find the Selling price of the flower vase.....?

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Since the shopkeeper is suffering from a loss of 12%, the selling price will be less than the cost price by:

• Cost price - loss % * CP = Selling price.

Plugging the given values,

➝ Rs. 6250 - 24% of Rs. 6250 = SP

➝ Rs. 6250 - 24/100 * Rs. 6250 = SP

➝ Rs. 6250 - Rs. 1500 = SP

➝ SP= Rs. 4750 (Answer)

Thus, the cost of the article is Rs. 4750. And we are done !!

Answer 2

Answer:

Cost price of the vase = Rs. 6250

Loss % = 24%

To Find the Selling price of the flower vase.....?

━━━━━━━━━━━

Since the shopkeeper is suffering from a loss of 12%, the selling price will be less than the cost price by:

Cost price - loss % * CP = Selling price.

Plugging the given values,

➝ Rs. 6250 - 24% of Rs. 6250 = SP

➝ Rs. 6250 - 24/100 * Rs. 6250 = SP

➝ Rs. 6250 - Rs. 1500 = SP

➝ SP= Rs. 4750 (Answer)

Thus, the cost of the article is Rs. 4750. And we are done !!

Step-by-step explanation:

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