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Profit and Loss — MATHS STD 7 — Question

Gujarat BoardEnglish MediumSTD 7MATHSProfit and Loss3 Marks
Question
Find the $SP$ when:
$CP = Rs. 1540,$ loss $= 4\%$
✓

Answer

$C.P. = Rs. 1540$
Loss $= 4\%$
$\therefore\text{S.P.}=\frac{\text{C.P}\times(100-\text{Loss%})}{100}$
$=\frac{1540\times(100-4)}{100}$
$=\frac{1540\times96}{100}$
$=\text{Rs. }1478.40$

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