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

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

Grade:12

1 Answers

Harshit Singh
askIITians Faculty 5964 Points
7 months ago
Dear Student

From the question, it is given that
Cost price of book =₹275
Percentage of loss = 15%
Now, we have to find the selling price book, By using the formula, we have:
SP = {((100 - loss %) /100) × CP)}
= {((100 - 15) /100) × 275)}
= {(85 /100) × 275}
= 23375/100
= ₹233.75

Thanks

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