Question

Try to find the selling price of the articles listed in the table below.

Item		Total Cost		Profit/Loss
Radio		Rs. 2400		10% loss
Television		Rs. 14500		8% loss
Vegetables		Rs. 8400		6% loss
Stationary		Rs. 6300		12% loss
Rice		Rs. 1800		9% loss

Answer 1

i) Total cost of the radio = Rs 2400

Loss percent = 10

∴ Selling price of the radio = (100 − 10)% of the total cost

= 90% of the total cost

= × Rs 2400

= Rs 90 × 24

= Rs 2160

ii) Total cost of the television = Rs 14500

Loss percent = 8

∴ Selling price of the television = (100 − 8)% of the total cost

= 92% of the total cost

= × Rs 14500

= Rs 92 × 145

= Rs 13340

iii) Total cost of the vegetables = Rs 8400

Loss percent = 6

∴ Selling price of the vegetables = (100 − 6)% of the total cost

= 94% of the total cost

= × Rs 8400

= Rs 94 × 84

= Rs 7896

iv) Total cost of the stationery = Rs 6300

Loss percent = 12

∴ Selling price of the stationery = (100 − 12)% of the total cost

= 88% of the total cost

= × Rs 6300

= Rs 88 × 63

= Rs 5544

v) Total cost of the rice = Rs 1800

Loss percent = 9

∴ Selling price of the rice = (100 − 9)% of the total cost

= 91% of the total cost

= × Rs 1800

= Rs 91 × 18

= Rs 1638