Question

The cost price of an article is rupees 500. it is sold at a loss of 8% find its selling price.

Answer 1

❥${\purple{\underline{\underline{\large{\mathtt{ANSWER:-}}}}}}$

Selling Price is Rs. 460.

❥${\purple{\underline{\underline{\large{\mathtt{EXPLANATION:-}}}}}}$

•Given:-

• Cost price of the article = Rs.500.
• It's sold at a loss of 8%.

• To find:-

• Selling Price of the article.

•Solution:-

$\sf{Cost\: Price (C.P)= Rs. 500}$

It's sold at a loss of 8%.

We know,

$\large{\boxed{\sf{\green{S.P = C.P - percentage\:of \:lose}}}}$

So,

$\sf{Selling\: Price (S.P)= 500-(500\times\frac{8}{100})}$

$\sf{=500-40}$

$\sf{=460}$

Answer 2

$\huge{ \mathtt{Question:}}$

The cost price of an article is rupees 500. It is sold at a loss of 8%. find its selling price.

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$\huge{ \bold{ \mathtt{Given-}}}$

• Cost of an article (C.P)= RS.500
• Loss percentage=8%

$\huge{ \bold{ \mathtt{To\: find-}}}$

• Selling price of the article(S.P)=?

$\huge{ \bold{ \mathtt{\purple{SOLUTION:-}}}}$

$\large{ \boxed{ \blue{ \bold{(S.P) = 100 - loss\% \times cp}}}}$

$\large \bold{ = > S.P=\frac{100 -8 }{100} \times 500 }$

$\large \bold{ = > S.P=92 \times 5}$

$\large \bold{ = >S.P= 460}$

Therefore,

$\large \bold{ \boxed{ \pink{S.P =Rs. 460}}}$

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$\huge{ \bold{ \mathtt{Extra\:information}}}$

➜ Cost price (C.P): The price at which an article is purchased is called its cost price.

➜ Selling price (S.P): The price at which an article is sold is called its selling price.

➜ Profit or Gain: If S.P. is greater than C.P., the seller is said to have a profit or gain.

➜ Loss:If S.P is less than C.P., the seller is said to have a loss.

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$\large{ \mathtt{ \red{Thanks...♡}}}$