If a table costing Rs. 2500 is sold at a loss of 8% then the selling price of the table is

Options

A. Rs. 2700
B. Rs. 2400
C. Rs. 2300
D. Rs. 2450

Answer

To find the selling price of the table after a loss of 8%, we can follow these steps:

### Step 1: Identify the Cost Price (CP)
The cost price of the table is given as Rs. 2500.

### Step 2: Calculate the Loss
The loss percentage is given as 8%. To calculate the actual loss in rupees, we use the formula:

\[ \text{Loss} = \left(\frac{\text{Loss Percentage}}{100}\right) \times \text{Cost Price} \]

Substituting the values:

\[ \text{Loss} = \left(\frac{8}{100}\right) \times 2500 \]

### Step 3: Simplify the Calculation
Calculating the loss:

\[ \text{Loss} = 0.08 \times 2500 = 200 \]

### Step 4: Calculate the Selling Price (SP)
The selling price can be calculated by subtracting the loss from the cost price:

\[ \text{Selling Price} = \text{Cost Price} - \text{Loss} \]

Substituting the values:

\[ \text{Selling Price} = 2500 - 200 \]

### Step 5: Final Calculation
Now, we perform the final calculation:

\[ \text{Selling Price} = 2300 \]

Thus, the selling price of the table is Rs. 2300.

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