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An Old Machine is Bought for Rs. 1,400 and is Sold at a Loss of 15%. Find Its Selling Price. - Mathematics

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Question

An old machine is bought for Rs. 1,400 and is sold at a loss of 15%. Find its selling price.

Sum
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Solution

C.P. of the machine = Rs. 1400

Loss = 15%

∴ S.P. =`("C.P"(100 - "Loss" %))/100`

`= (1400(100 - 15))/100`

= Rs. `(1400 xx 85)/100`

= Rs. 1190

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Concept for Application to Profit and Loss (Single Transaction Only)
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Chapter 9: Profit, Loss and Discount - Exercise 9 (A)

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Selina Concise Mathematics [English] Class 7 ICSE
Chapter 9 Profit, Loss and Discount
Exercise 9 (A) | Q 5

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