Question

The CP of a chair is ₹3300. If it is sold at a loss of 10%, then SP is

(a) ₹3000
(b) ₹3070
(c) ₹2790
(d) ₹2970

Answer 1

Let the SP be x.

CP = ₹3300
Loss = 10%

Therfore, CP is more than SP.

Now,
$\mathrm{Loss}=10\%\mathrm{of}\mathrm{CP}$ and SP = CP − loss

$$\begin{gathered} \mathrm{So},\mathrm{SP}=\mathrm{CP}-10\%\mathrm{of}\mathrm{CP} \\ \Rightarrow x=3300-\frac{10}{100}\times 3300 \\ \Rightarrow x=3300-330 \\ \Rightarrow x=2970 \end{gathered}$$

Thus, SP = ₹2970

Hence, the correct option is (d).