Question

An article was sold for ₹130 less than C.P due to which there is a loss of 10%. Find the selling price of the article.

Answer 1

Since the article was sold for 130 less than C.P.
$\therefore$ Loss = ₹130

So, 10% of C.P = ₹130
$\Rightarrow \text{C.P = 130}\times \frac{100}{10}$
= ₹1,300 $\left[1\right]$

So, S.P = C.P - loss
$\Rightarrow$ S.P = 1,300 - 130 = ₹1,170 $\left[1\right]$