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Selling Price

The cost of a...

Question

The cost of an article is ₹5,400. If the article was sold at 10% loss, calculate the selling price of that article. (3 marks)

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Solution

Cost Price (C.P.) = ₹5,400
Loss = 10%
Hence loss = $\frac{10}{100} \times ₹ 5, 400 = ₹ 540$
$[1 m a r k]$

So, Selling Price (S.P.) = C.P. - Loss
$[1 m a r k]$
= ₹5,400 - ₹540
= ₹4,860
Hence, the selling price of the article is ₹4,860
$[1 m a r k]$

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