Vimla Purchased a Watch for Rs 500. She Sold it at a Loss of 20%. Find The Selling Price.

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Vimla Purchased a Watch for Rs 500. She Sold it at a Loss of 20%. Find The Selling Price.

  • Rs. 500
  • Rs. 400
  • Rs. 300
  • Rs. 200​

Answer 400

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Step-By-Step Explanation:

C.P. of the watch = Rs. 500

Loss per cent = 20%

S.P. of the watch = (100-Loss% ÷ 100)× C.P.

= (100-20÷100)× 500 Rs.

= (80/100)×500 Rs.

= (4/5)×500 Rs.

= 4×100 Rs.

Answer = Rs. 400


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