Discussion

Q.

A person bought a TV set for ₹ 12000 and sold it at a loss of 12.5%. Find the selling price of the TV set.

A. ₹ 10050

B. ₹ 15050

C. ₹ 10500

D. ₹ 10005

Correct Option is C

Explanation:

 

Loss amount = 12000 ×  12.5/100 = 1500

  SP = 12000 - 1500 = ₹ 10500

Or  

  CP = 100 %  SP = 87.5 %

  SP = 7000 ×  87.5/100 = ₹ 10500

Or

  CP = 1 , Loss = 12.5% = 1/8,   Sp = 7/8

SP = 12000 × 7/8 = ₹ 10500

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