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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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