Question

The cost of a sofa set is Rs 2800. If the shopkeeper sells it at a loss of 10 %, find the price at which it is sold.

Answer 1

Answer :-

Given :-

• Cost of sofa = Rs. 2800
• Loss = 10%

To Find :-

• Selling price, SP

Solution :-

There is a loss of 10% at the cost of Rs. 2800.

Loss = 2800 × 10%

= 2800 × 10/100

= 280

So, there is a loss of Rs. 280.

Now, we have,

• Cost price = Rs. 2800
• Loss = Rs. 280

We know that,

Selling price = Cost price - Loss

= 2800 - 280

= 2520

The price at which it is sold is Rs. 2520.

Answer 2

★ Given :

• Totally value = ₹2800

• loss percent = 10%

★ To Find :

• Price at which sofa set sold ?

★ Solution :

◆ We know that,

percent = part / whole × 100

↦ 10% = part / 2800 / 100

↦ part value = percent × whole / 100

↦ part value = 10% × 2800 / 100

↦ part value = 28000 / 100

↦ part value = 280

↦ 10 % = ₹ 280

↦ If shopkeeper sells sofa set at a loss of 10%

↦ Then,

↦ Selling price = 2800 - 280

↦ Selling price = 2520

■ Hence, Price at which sofa set sold is ₹ 2520