Question

A television set was bought for Rs. $10,500$ and sold at Rs. $9500$. Find the loss.

• A. Rs.$1000$
• B. Rs.$2000$
• C. Rs.$3000$
• D. Rs.$4000$

Answer 1

Answer: (A)

Rs.$1000$

Given, C.P. $=$ Rs. $10500$, S.P. $=$ Rs. $9500$
We know that, loss $=$ C.P. $-$ S.P.
$=10500-9500$
$=$ Rs. $1000$

Thus, the loss is Rs. $1000$.