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Finding Prices / Charges Related to Buying and Selling

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Question

Find the selling price of a table, if its cost price is Rs.1250 and loss is 15%.

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Solution

Given cost price $(C . P) = R s 1250$
Loss $= 15 %$
Selling price $=$ cost price $\times (1 - l o s s p e r c e n t a g e)$
$= 1250 (1 - 0.15)$
$= 1250 \times 0.85$
$= R s 1062.5$

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Finding Prices / Charges Related to Buying and Selling

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