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Question

A bag is bought at Rs. 1200 and sold at a loss of 10%. Find the selling price.

A
Rs. 1080
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B
Rs. 2080
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C
Rs. 3080
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D
Rs. 4080
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Solution

The correct option is A Rs. 1080
Given:-
C.P=Rs. 1200
loss%=10%

We need to find S.P,
loss%= lossCP×100

loss=loss%×CP100

=10×1200100

loss=Rs. 120

Now,
S.P=C.Ploss
=Rs. 1200Rs. 120
=Rs. 1080

Hence, selling price of the bag is equal to Rs. 1080.

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