To Find the S.P on selling an item when the Loss percent and C.P are known (WP-23: Profit and Loss)

Q. Find sale price if

C.P = Rs. 300, loss = 10%

Solution: 

C.P = Rs. 300

Loss = 10%

Since profit or loss is determined on C.P, so

Loss = 10% of Rs. 300 = `frac {10}{100}times Rs. 300` = Rs. 30

Since

Loss = C.P - S.P

so

S.P =  C.P - Loss =  Rs. 300 - Rs. 50

S.P = Rs. 250 ------Ans.

Similar Question:

Kanwal bought an iron for Rs. 1000 and got a profit of Rs. 200. Find profit percent and sale price. 

Find sale price if C.P = Rs. 500, profit = 5% 

A motorcycle was bought for Rs. 48,000 and was sold at a profit of 6%. Find sale price.

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