Question 61

A defective piece of article which costs ₹ 1200 is being sold at a loss at 15%. If the price is further reduced by 5%, find the S.P?

Solution

The correct option is D.

The article is sold at 15% loss means sold at 85%of cp.

So, SP = 85% of cp = 85% of 1200= 1020

Again, 5% reduced. effective SP = 1020- 5% of 1020= 969

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