Question

Shelly bought a dress for $150 and sold it to Jenny there by suffering a loss of 10%. Find the selling price of the dress.

Answer 1

Answer: $135

Explanation:

We know that:

Selling price =
`(100 - \text{Loss}\%)(\frac{\text{Cost Price}}{100})`

Using the given cost price and loss%, we can solve.

Selling Price =
`(100 - \text{Loss}\%)(\frac{\text{Cost Price}}{100})`

Selling Price = (100 - 10)(
`\frac{\text{150}}{100}`)

Selling Price = (90) * (1.5)

Selling Price = $135

This means the selling price of the dress is $135.