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Question

Amina buys a book for Rs 275 and sells it at a loss 15%. How much does she sell it for?
[4 MARKS]

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Solution

Concept : 1 Mark
Application : 1 Mark
Calculation : 2 Marks

Given, Cost price = Rs. 275

Loss%=15%

Loss=15% of 275

Loss=15100×275

Loss=4125100

Loss=41.25

Selling price=Cost priceLoss

Selling price=27541.25

Selling price=Rs.233.75

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