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.

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Solution

$C . P of the briefcase = Rs . 800 Loss = 8 % S . P = CP (\frac{100 - loss %}{100}) = 800 (\frac{100 - 8}{100}) = 800 \times 0.92 = Rs . 736 I f t h e p rice is further reduced by 5 %, t h e s elling price of t h e briefcase w i l l b e = Rs . (736 - 736 \times \frac{5}{100}) = 736 (\frac{100 - 5}{100}) = 736 \times 0.95 = Rs . 699.20 Thus, the selling price of t h e briefcase w i l l b e Rs 699.20 .$

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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.

C.P of the briefcase=Rs. 800Loss=8%S.P =CP 100-loss%100 =800100-8100=800×0.92=Rs. 736If the price is further reduced by 5%, the selling price of the briefcase will be= Rs.736-736×5100 =736100-5100=736×0.95=Rs. 699.20Thus, the selling price of the briefcase will be Rs 699.20.