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Selling Price

An old machin...

Question

An old machine is bought for Rs. 160 and is sold at a loss of 20%. Find its selling price.

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Solution

CP of the machine = Rs. 160
Loss = 20%
$∴ SP = \frac{CP(100 - Loss~%)}{100}$
$= \frac{160 (100 - 20)}{100}$
$= Rs 128$

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