Question

The cost price of a scooter is Rs.8000 and sell it at loss of Rs.1850. What is its selling price ?

Will mark as brainliest for the best answer..

answer correctly with steps.

Answer 1

we know that we will be in Loss if we purchase an article from the trader at high price and sell it to a customer at low price.

⇒ Loss = Cost price(money we give to trader) - Selling price(money we take from customer)

⇒ given Loss = 1850 and cost price = 8000

subsituting in the above Loss expression we get

⇒ 1850 = 8000 - Selling price

⇒ Selling price = 8000 - 1850

⇒ Selling price = 6150 Rs/-

⇒ the candidate purchased the scooter at a price of 8000 Rs and Sold it to some one at a price of 6150 Rs