A defective briefcase costing Rs. 800 being sold at a loss of $8 %$ . If the price is farther reduced by $5 %$ , find its selling price.

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Solution

C.P of a briefcase = Rs. 800
Loss $= 8 %$
S.P $= \frac{C . P \times (100 - l o s s %)}{100}$
$= \frac{800 \times (100 - 8)}{100} = \frac{800 \times 92}{100} = R s . 736$
Reduction in price $= 5 %$
Reduced price $= R s . \frac{736 \times (100 - 5)}{100}$
$= R s . \frac{736 \times 95}{100} = R s . 699.20$

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A defective briefcase costing Rs. 800 being sold at a loss of 8%. If the price is farther reduced by 5%, find its selling price.

C.P of a briefcase = Rs. 800 Loss =8% S.P =C.P×(100−loss%)100 =800×(100−8)100=800×92100=Rs.736 Reduction in price =5% Reduced price =Rs.736×(100−5)100 =Rs.736×95100=Rs.699.20

A defective briefcase costing Rs. 800 being sold at a loss of $8 %$ . If the price is farther reduced by $5 %$ , find its selling price.