If cost price $(C P)$ of an item is $R s 600$ and selling price $(S P)$ is $R s$ …………………….., then loss per cent is $15 %$

Open in App

Solution

It is given that ,
$C os t p r i c e (C P)$ $=$ $R s 600$
$S e l l i n g p r i c e (S P)$ $=$ $R s x$
$l o s s % = 15 %$
$S P$ $=$ $\frac{C P (100 - l o s s %)}{100}$
$S P = \frac{600 (100 - 15)}{100}$
$S P = \frac{600 (85)}{100}$
$S P = 6 \times 85$
$S P = 510$
Hence, selling price of an item, $S P$ is $R s 510$

Suggest Corrections

Similar questions

When an item is sold, there is neither a profit made and nor a loss incurred. Which of the following is true in such a case?

(CP = Cost Price, SP = Selling Price, MP = Marked Price)

Q. Find the Selling price, when :
(i) Cost price

= R s .600,

Profit

= 13 %

(ii) Cost price

= R s .2475,

Loss

= 8 %

Q. If a shopkeeper gains a profit on the purchase of an item, then which of the following statement holds true?

(CP = Cost Price, SP = Selling Price, MP = Marked Price)

Q. If cost price of an article is Rs. 10 and its selling price is Rs. 15, then profit % is:

Q. Loss = SP - CP,
where,
SP = Selling price
and
CP = Cost price

Join BYJU'S Learning Program

If cost price (CP) of an item is Rs600 and selling price (SP) is Rs…………………….., then loss per cent is 15%

It is given that , Costprice(CP)=Rs600Sellingprice(SP)=Rsx loss%=15% SP = CP(100-loss%)100 SP=600(100-15)100 SP=600(85)100 SP=6×85 SP=510Hence, selling price of an item, SP is Rs510

If cost price $(C P)$ of an item is $R s 600$ and selling price $(S P)$ is $R s$ …………………….., then loss per cent is $15 %$