Question

Mechanic Raj purchased a motorcycle for Rs. 20,000 and sold it at 5% loss. Its selling price is

• A. $Rs.\frac{5}{100}\times 20,000$
• B. $Rs.\frac{95}{100}\times 20,000$
• C. $Rs.\frac{105}{100}\times 20,000$
• D. $Rs.\frac{100}{95}\times 20,000$

Answer 1

The correct option is B $Rs.\frac{95}{100}\times 20,000$

$Cost=Rs20000$
$Loss=5$%
$Loss=\frac{5\times 20000}{100}$
$SP=CP-Loss$
$SP=20000-\frac{5\times 20000}{100}=Rs\frac{95\times 20000}{100}$