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A Defective Briefcase Costing Rs 800 is Being Sold at a Loss of 8%. If the Price is Further Reduced by 5%, Find Its Selling Price. - Mathematics

Answer in Brief

A defective briefcase costing Rs 800 is being sold at a loss of 8%. If the price is further reduced by 5%, find its selling price.

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Solution

\[\text { C . P of the briefcase = Rs } . 800\]

\[\text { Loss = 8 % } \]

\[S . P = CP \left( \frac{100 -\text {  loss % }}{100} \right)\]

\[ = 800\left( \frac{100 - 8}{100} \right)\]

\[ = 800 \times 0 . 92 = Rs . 736\]

\[\text { If the price is further reduced by 5 %  , the selling price of the briefcase will be }\]

\[ = Rs . \left( 736 - 736 \times \frac{5}{100} \right)\]

\[ = 736\left( \frac{100 - 5}{100} \right)\]

\[ = 736 \times 0 . 95\]

\[ = Rs . 699 . 20\]

\[\text { Thus, the selling price of the briefcase will be Rs 699 . 20 } .\]

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APPEARS IN

RD Sharma Class 8 Maths
Chapter 13 Proft, Loss, Discount and Value Added Tax (VAT)
Exercise 13.1 | Q 14 | Page 12
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