Question

Alana bought a treadmill for $750. When she sold the treadmill she made a loss of 25%. What price did she sell the treadmill for?

Answer 1

Selling Price=$562.50

Explanation:

Given cost price of the treadmill= $750

Loss% = 25%

We know, the formulae for selling price = (100 -loss%) X cost price/100

= (100 - 25)X 750/100

= (75)750/100

= 75 × 750/100

= $562.50