Multiple choice

10% of a product's cost price is Rs. 1,245.80. What would be the selling price, if the product is sold at a loss of 15%? (Rounded off to the nearest rupee)

  1. Rs. 12,458

  2. Rs. 10,589

  3. Rs. 14,327

  4. Rs. 14,657
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

10 percent of CP = 1245.80, so CP = 12458. Selling price at 15 percent loss = 0.85 * 12458 = 10589.3. Rounded to nearest rupee, it is 10589.

AI explanation

If 10% of the cost price is 1245.80, the total cost price is 1245.80 * 10 = 12458. Selling at a 15% loss means the selling price is 85% of the cost price. Calculating 85% of 12458 gives 0.85 * 12458 = 10589.3, which rounds to 10589 rupees.

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