Question

Amina buys a book for $₹275$ and sells it at a loss of $15%$. How much does she sell it for?

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Solution

Given:The cost price of the book = $₹275$Percentage of loss = $15%$We know that:$S.P=\left(\frac{100-loss%}{100}×C.P\right)$ $=\left(\left(100–15\right)/100\right)×275\right)\phantom{\rule{0ex}{0ex}}=\left(85/100\right)×275\phantom{\rule{0ex}{0ex}}=23375/100\phantom{\rule{0ex}{0ex}}=₹233.75$Hence, Amina sells the book for $₹233.75$.

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