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

Rs. 899.60

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Rs. 720.40

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Rs. 699.20

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Rs. 640. 80

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Solution

The correct option is C
Rs. 699.20

S.P of briefcase at a loss of 8% = $\frac{100 - 8}{100} \times 800$

= $\frac{92}{100} \times 800$ = Rs. 736

S.P after further reduction by $5 %$ = $\frac{85}{100} \times 736$ = Rs. 699.2

So, selling price of the briefcase is Rs. 699.20.

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

The correct option is C Rs. 699.20 S.P of briefcase at a loss of 8% = 100−8100×800 = 92100×800 = Rs. 736 S.P after further reduction by 5% = 85100×736 = Rs. 699.2 So, selling price of the briefcase is Rs. 699.20.

The correct option is C
Rs. 699.20

S.P of briefcase at a loss of 8% = $\frac{100 - 8}{100} \times 800$

= $\frac{92}{100} \times 800$ = Rs. 736

S.P after further reduction by $5 %$ = $\frac{85}{100} \times 736$ = Rs. 699.2

So, selling price of the briefcase is Rs. 699.20.