Question 12

The difference between cost price and selling price is Rs 494. If loss percentage is 19%, then what is the selling price (in Rs)?

Solution

Difference between cost price and selling price = Loss = Rs. 494

Loss % = $$\frac{loss}{C.P.}\times100$$

=> $$\frac{494}{CP}\times100=19$$

=> $$CP=\frac{49400}{19}=Rs.$$ $$2600$$

$$\therefore$$ Selling price = Rs. $$(2600-494)=Rs.$$ $$2106$$

=> Ans - (A)

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