Multiple choice

The selling price when goods which cost Rs. $65$ are sold at a loss of $10$% is:

  1. Rs. $71.50$
  2. Rs. $58.50$
  3. Rs. $59.75$
  4. Rs. $66.50$
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Loss = 10% of 65 = 6.5. Selling Price = Cost Price - Loss = 65 - 6.5 = 58.50.

AI explanation

Using the selling price formula for a loss, Selling Price = Cost Price * (1 - Loss% / 100), we substitute the given values. This gives Selling Price = 65 * (1 - 10 / 100) = 65 * 0.90. Multiplying 65 by 0.90 gives a selling price of Rs 58.50.

Keep practicing — related questions