A toy purchased for Rs 1125 was sold at a loss of 16%. The selling price of the toy was

Options

A. Rs 975
B. Rs 945
C. Rs 960
D. Rs 955

Answer

To find the selling price of the toy after a loss of 16%, we can follow these steps:

### Step 1: Identify the Cost Price (CP)
The cost price of the toy is given as Rs 1125.

### Step 2: Calculate the Loss
The loss percentage is given as 16%. To find the amount of loss in rupees, we can use the formula:
\[ \text{Loss} = \text{CP} \times \left(\frac{\text{Loss Percentage}}{100}\right) \]
Substituting the values:
\[ \text{Loss} = 1125 \times \left(\frac{16}{100}\right) = 1125 \times 0.16 = 180 \]

### Step 3: Calculate the Selling Price (SP)
The selling price can be calculated using the formula:
\[ \text{SP} = \text{CP} - \text{Loss} \]
Substituting the values:
\[ \text{SP} = 1125 - 180 = 945 \]

### Conclusion
The selling price of the toy is Rs 945.

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