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Example 6: Shyamala had procured decorative vases at ₹2650 per piece. One of the pieces was slightly damaged. She decides to sell it at a loss of 18%. How much will she get by selling this piece?

Mathematics

ScanSolve AI Answer

Answer

₹2173\text{₹}2173

Step-by-step solution

3 steps
  1. Identify the given values.

    The cost price (CP) of the vase is ₹2650.
    The loss percentage is 18%.

  2. Calculate the loss amount.

    The loss is 18% of the cost price.

    Loss=18100×2650\text{Loss} = \frac{18}{100} \times 2650 Loss=0.18×2650\text{Loss} = 0.18 \times 2650 Loss=477\text{Loss} = 477

    The loss amount is ₹477.

  3. Calculate the selling price (SP).

    The selling price is the cost price minus the loss.

    SP=CP−Loss\text{SP} = \text{CP} - \text{Loss} SP=2650−477\text{SP} = 2650 - 477 SP=2173\text{SP} = 2173

    Shyamala will get ₹2173 by selling the piece.

    The selling price is ₹2173\text{₹}2173.

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