Question

THE COST PRICE OF A PEN IS RS 250, IT WAS SOLD AT A LOSS OF 15%.THEN THE SELLING PRICE OF THE PEN IS

Answer 1

Given,

The cost price of the pen = Rs. 250

The pen was sold at 15% loss.

To find,

The selling price of the pen.

Solution,

We can simply solve this mathematical problem by using the following mathematical process.

The loss amount = 250 × 15/100 = Rs. 37.5

Selling price = 250-37.5 = Rs. 212.5

(As the deal is a loss deal, so we have subtracted the amount of loss from the cost price.)

Hence, the selling price of the pen will be Rs. 212.5

Answer 2

SOLUTION

GIVEN

The cost price of a pen is Rs. 250

The pen was sold at a loss of 15%

TO DETERMINE

The selling price of the pen

FORMULA TO BE IMPLEMENTED

If the cost of an item is Rs. C and the product is sold at the loss of r% then the selling price

$\displaystyle \sf{S = C \times \bigg( 1 - \frac{r}{100} \bigg)}$

EVALUATION

Here it is given that,

The cost price of a pen is Rs. 250

So C = 250

The pen was sold at a loss of 15%

Rate of loss = r% = 15%

So selling price

$\displaystyle \sf{ = 250 \times \bigg( 1 - \frac{15}{100} \bigg)}$

$\displaystyle \sf{ = 250 \times \bigg( 1 - 0.15\bigg)}$

$\displaystyle \sf{ = 250 \times \: 0.85}$

$\sf{ = 212.50}$

FINAL ANSWER

The selling price = Rs. 212.50

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