138k views
3 votes
Find the seling price of the wall clock if the cost price is 650 and 6%loss

1 Answer

4 votes

Final answer:

The student must calculate the selling price of a wall clock with a 6% loss on the cost price of $650. The loss amount is $39, leading to a selling price of $611.

Step-by-step explanation:

The student is asking to calculate the selling price of a wall clock given the cost price is $650 and there is a 6% loss involved. To find the selling price, we first need to calculate the amount of loss. This can be done by multiplying the cost price by the percentage loss.

The calculation for the loss amount is:

Loss = Cost Price × Percentage Loss
Loss = $650 × 6% = $650 × 0.06 = $39

Now, we subtract the loss from the cost price to get the selling price:

Selling Price = Cost Price - Loss
Selling Price = $650 - $39
Selling Price = $611

Therefore, the selling price of the wall clock after accounting for the 6% loss is $611.

User Jreisinger
by
7.8k points