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The selling price of a book is ₹855. If the loss incurred through the sale is 10%, then what is the nominal amount of loss incurred? |
₹95 ₹85 ₹85.5 ₹90.5 |
₹95 |
Selling price of a book = ₹855 Loss% = 10% Cost price = 90% of the cost price = 855 100% of the cost price = 855 × \(\frac{100}{90}\) = 950 so the amount of loss = 10% of the 950 = 95 |
