Question

Cost price = 675 dollars and loss % 92% what is the selling price?

Answer 1

SOLUTIONS

To solve for the selling price:

Cost price = 675 dollars and loss % 92% what is the selling price?

Step-by-step explanation:

loss%=(cp-sp/cp)×100

$loss=\frac{CP-SP}{CP}\times100$

92=(675-sp/675)×100

$\begin{gathered} 92=\frac{675-SP}{675}\times100 \\ \frac{92(675)}{100}=675-SP \\ 621=675-SP \\ SP=675-621 \\ SP=54\text{ dollars} \end{gathered}$

Therefore the selling price = 54 dollars