Question

Find the selling price when

$\text{C.P.}=\text{Rs.}650,$ loss $=8\%$

Answer 1

We know that $\text{S.P.}=\text{C.P.}-\text{Loss}$

Loss $=8\%$ of $650$

$⟹$ Loss $=\frac{650\times 8}{100}$

$=\text{Rs}52$

$\therefore$ Selling price $=650-52=\text{Rs}598$

$\therefore$ Selling price is $\text{Rs}598$