Multiple choice

The selling price when goods which cost Rs. $280$ are sold at a loss of $10$% is:

  1. $252$
  2. $242$
  3. $232$
  4. $222$
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A Correct answer
Explanation

Selling price = Cost price * (1 - loss%). 280 * (1 - 0.10) = 280 * 0.9 = 252.

AI explanation

Using the selling price formula for a loss, Selling Price = Cost Price * (1 - Loss Percentage), we substitute the given values. The calculation is 280 * (1 - 0.10), which equals 280 * 0.90. This results in a selling price of Rs. 252.

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