Question

The cost of a flower vase is 120 rupees. If the shopkeeper sells it at a loss of 10%. Find the price at which it is sold.

Answer 1

Step-by-step explanation:

120 x 10/100 = 12 rupees

120 - 12 = 108 rupees

therefore, the price is 108 rupees

Answer 2

Step-by-step explanation:

• Cost Price ( CP ) = Rs. 120

• Loss% = 10%

• Selling Price ( SP ) = ?

$\underline{\bigstar\:\textsf{According to the given Question :}}$

$:\implies\sf Selling\:Price=Cost\:Price \times \bigg(100-Loss\bigg)\% \\\\\\:\implies\sf SP=CP \times \bigg(\dfrac{100-Loss}{100}\bigg)\\\\\\:\implies\sf SP=Rs.\:120 \times \bigg(\dfrac{100-10}{100}\bigg)\\\\\\:\implies\sf SP=Rs.\:120 \times \dfrac{90}{100}\\\\\\:\implies\sf SP = Rs.\:12 \times 9\\\\\\:\implies\underline{\boxed{\sf SP = Rs.\:108}}$

⠀

$\therefore\:\underline{\textsf{Flower vase is sold at price of \textbf{Rs. 108}}}.$

$\rule{180}{1.5}$

$\boxed{\begin{minipage}{6.5 cm}\underline{\textsf{Some Important Formulae Related to it :}}\\ \\ SP=CP\times(100+\sf Profit)\%\\ \\SP=CP\times(100-Loss)\%\\ \\Profit\%=\dfrac{Profit}{CP}\times100 \\ \\Loss\%=\dfrac{Loss}{CP}\times100\end{minipage}}$