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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