An item is bought for $R s 300$ . If is sold at a $l o s s$ of $10 %$ , then its
$S P$ $=$ $R s 300$ $-$ $10 %$ $o f$ $. . . . . . . . . . . . . . . . . .$

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Solution

It is given that,
cost price, $C P = R s 300$
$l o s s % = 10 %$
We know that the loss is calculated with respect to cost price.
loss is $10 %$ in the amount of cost price.
i.e. $l o s s$ $=$ $10 %$ $o f$ $C P$
therefore,
$S P$ $=$ $C P$ $-$ $l o s s$
$S P$ $=$ $C P$ $-$ $10 %$ $o f$ $C P$
$S P$ $=$ $R s 300$ $-$ $10 %$ $o f$ $R s 300$ .

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