Question

Hari purchased a camera for rs 1560 and sold ot at 5% loss. find hos loss amount​

Answer 1

`SP = 1482`

Explanation:

Given

`CP = Rs. 1560` --- Cost Price

`Loss = 5\%`

Required

Determine the selling price (SP)

This is calculated using:

`\%Loss =(CP - SP)/(CP) * 100\%`

So, we have:

`5\% = (1560 - SP)/(1560) * 100\%`

`5 = (1560 - SP)/(1560) * 100`

Multiply through by 1560

`1560 * 5 = (1560 - SP)/(1560) * 100*1560`

`1560 * 5 = (1560 - SP) * 100`

`1560 * 5 = 1560 * 100- SP * 100`

`7800 = 156000- 100SP`

Collect Like Terms

`100SP= 156000- 7800`

`100SP= 148200`

Make SP the subject

`SP = (148200)/(100)`

`SP = 1482`

The selling price is Rs. 1482