A man buys an item at Rs. 1200 and sells it at the loss of 20 percent. Then what is the selling price of that item
20% loss means, S.P. = 80% of C.P. = 80% of 1200 = 80 100 × 1200 = 960
20% loss means, S.P. = 80% of C.P.
= 80% of 1200
= 80 100 × 1200
= 960
1297 MCQ for effective preparation of the test of Profit and Loss of Word Problems section.
Read the MCQ statement: A man buys an item at Rs. 1200 and sells it at the loss of 20 percent. Then what is the selling price of that item , keenly and apply the method you have learn through the video lessons for Profit and Loss to give the answer. Record your answer and check its correct answer and video explanation for MCQ No. 116-12883.