Question

. A trader bought A TV set for Birr 2000 and sold it at loss of 11/2% what:was the selling price?​

Answer 1

1890

Explanation:

Loss = 11/2 % = 5.5 %

Cost price = 2000

Loss = 5.5% of cost price

= 5.5% * 2000

`= (5.5)/(100)*2000\\\\= 5.5*20\\= 110`

Selling price = Cost price - loss

= 2000 - 110

= 1890