Question

A shopkeeper brought an electric fan for Rs. 6,300 and sold it at 10% Loss.

I) Find the loss amount
ii) Find the selling price of the item​

Answer 1

Step-by-step explanation: here, cp of an electric fan=Rs.6300

loss percent=10 percent

i.Actual loss=10 percent of cp

= 10/100*Rs.6300

So, the required amount of loss is Rs.630.

Again,sp of the item=cp+profit= Rs.6300-Rs.630=Rs.5670

SO,the required selling price of the item is Rs.5670

Answer 2

CP=6300

L%=10%

Loss amt=L%*CP

=10%*6300

=630

SP=CP-L

=6300-630

=5670