Question

An old machine is bought for ₹ 1,400 and sold at a loss 15%. Find its selling price.

Answer 1

Step 1: Find Loss (in ₹)

Given: C.P. =₹ 1,400 Loss =15%
Now, Loss (in ₹)= C.P.×$\frac{Loss}{100}$
=1,400×$\frac{15}{100}$
=14×15
=210

Step 2: Find selling price

Selling price = C.P. − Loss (in ₹)
= 1400−210
= ₹ 1190
Hence, the selling price of the machine is ₹ 1190.