Question

Amina buys a book for $₹275$ and sells it at a loss of $15\%$. How much does she sell it for?

Answer 1

Given:

The cost price of the book = $₹275$

Percentage of loss = $15\%$

We know that:

$S.P=\left(\frac{100-loss\%}{100}\times C.P\right)$

$$\begin{gathered} =\left(\right(100–15)/100)\times 275) \\ =(85/100)\times 275 \\ =23375/100 \\ =₹233.75 \end{gathered}$$

Hence, Amina sells the book for $₹233.75$.