Question

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

Answer 1

Answer: 108$

Step-by-step explanation: 120 times 0.1 is 12.

120 minus 12 is 108

Answer 2

Question is based on Profit and loss where we are given with the Cost price of a flower vase and the loss %.

We have to find the Selling price.

Given:

Cost price of the vase = Rs. 120

Loss % = 10%

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. 120 - 10% of Rs. 120 = Selling price

↪ Rs. 120 - 10/100 * Rs. 120 = Selling price

↪ Rs. 120 - Rs. 12 = Selling price

↪ Selling price = Rs. 108

Additional info:

The difference between loss % and the actual loss.

Loss % is converted into actual loss and then subtracted from the Cost price to get the Selling price.