Question

Vimal purchased a book for ₹500. He sold it for a loss of 20% then, the scale price is

a) 500 b) 400 c) 300 d) 200​

Answer 1

Answer:

Rs 400

Explanation:

20/100×500=100

So 500-100=400

So,selling price is Rs 400

Answer 2

Answer:

Option b) 400

Explanation:

Given:

CP = Rs.500

Loss % = 20%

SP = ?

Since there is 20% loss,

=> SP = CP - 20% of CP

=> SP = 500 - 20% of 500

=> SP = 500 - 100

=> SP = Rs. 400

Hence, option (b) is correct.