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A man purchases a TV for Rs. 8000 and se...

A man purchases a TV for Rs. 8000 and sells it at 10% loss. What is the selling price of T.V?

A

Rs.6500

B

Rs.6900

C

Rs.7000

D

Rs.7200

Text Solution

AI Generated Solution

The correct Answer is:
To find the selling price of the TV after a 10% loss, we can follow these steps: ### Step 1: Identify the Cost Price (CP) The cost price of the TV is given as Rs. 8000. ### Step 2: Calculate the Loss Percentage The loss percentage is given as 10%. ### Step 3: Calculate the Amount of Loss To find the amount of loss, we use the formula: \[ \text{Loss} = \left(\frac{\text{Loss Percentage}}{100}\right) \times \text{Cost Price} \] Substituting the values: \[ \text{Loss} = \left(\frac{10}{100}\right) \times 8000 = 0.1 \times 8000 = 800 \] So, the amount of loss is Rs. 800. ### Step 4: Calculate the Selling Price (SP) The selling price can be calculated using the formula: \[ \text{Selling Price} = \text{Cost Price} - \text{Loss} \] Substituting the values: \[ \text{Selling Price} = 8000 - 800 = 7200 \] ### Final Answer The selling price of the TV is Rs. 7200. ---
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