Question
An article is bought for Rs. 960 and sold at a loss of
12.5%. What is the selling price?Solution
ATQ, Loss% = 12.5% = 12.5/100 = 1/8 Loss = (1/8) of 960 = 960 ÷ 8 = 120 SP = CP − Loss = 960 − 120 = 840
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