To Find the S.P on selling a radio set when the Loss percent and C.P are known (WP-25: Profit and Loss)

Q. Amjad bought a radio set costing Rs. 800. After 6 weeks he sold it at a loss of 8.5%. Find sale price of the radio set.

Solution: 

C.P = Rs. 800

Loss = 8.5%

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

Loss = 8.5% of Rs. 800 = `frac {8.5}{100}times Rs. 800` = Rs. 68

Since

Loss = C.P - S.P

so

S.P =  C.P - Loss =  Rs. 800 - Rs. 68

S.P = Rs. 732 ------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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