Question

Adi bought a bag for $25 and sold it at a loss of 10%. Find the selling price of the bag.​

Answer 1

The selling price of the bag is $22.5

Explanation:

Buying Price = $25,

Selling Price = ?

Since they sold it at a loss of 10%,

So, they sold it for a price 10% less than the buying price,

or at 90% or 0.9 of the buying price,

so,

Selling Price = (0.9)(25) = $22.5