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Finding Prices / Charges Related to Buying and Selling

An article wa...

Question

An article was bought for $R s 40$ and was sold at $5 %$ loss. Find the price at which it was sold.

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Solution

Selling price $= C . P \times \frac{100 - l o s s %}{100}$
$= 40 \times \frac{100 - 5}{100}$
$= 40 \times \frac{95}{100}$
$= 4 \times \frac{95}{10}$
$= R s .38$

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