Question

The cost price of a food processor for rupee 6250 sudhir sells it at a loss of 24% find its selling price

Answer 1

Given :-

Cost price = ₹6250

Loss percentage = 24%

To Find :-

The selling price

Answer :-

Total loss = 24% of ₹6250

$=\: {\dfrac{24}{100}}\: \times\: 6250$

= ₹1500

Selling price = CP - Loss

= ₹6250 - ₹1500

= ₹ 4750

Therefore, selling price is ₹4750

Short-hands Used :-

• CP = Cost Price
• SP = Selling Price
• L = Loss
• P = Profit

Extra Information :-

1. Cost price → It is the price at which an article is bought.
2. Selling price → It is the price at which an article is sold.
3. Profit → It is the total money gained by selling the article at more price than CP.
4. Loss → It is the total money losed by selling the article at less price than CP.

Answer 2

Answer:

$\huge \bf \: question$

The cost price of a food processor for rupee 6250 sudhir sells it at a loss of 24% find its selling price

$\huge \bf \: solution$

Total loss = 24% of 6250

$\frac{24}{100} \times 6250$

= ₹1500

Selling price = C. P - Loss

Selling price = 6250 - 1500

Selling price = 4,700