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The cost price of a table to Ravi, was Rs1,600. Ravi sold this table at a loss of 10%. What was the price at which Ravi sold the
table?
Rs1,380
Rs1,440
Rs1,510
Rs1,520
- Cost Price (CP) of the table: Rs 1,600
- Loss Percentage: 10%
- To find the selling price (SP) when there's a 10% loss:
- Calculation: Loss = (10/100) * 1600 = Rs 160
- Selling Price = Cost Price - Loss = 1600 - 160 = Rs 1,440
- Option 1: Rs 1,380 (Incorrect, since the loss calculation doesn’t result in this price)
- Option 2: Rs 1,440 (Correct , matches the calculated selling price)
- Option 3: Rs 1,510 (Incorrect, higher than expected)
- Option 4: Rs 1,520 (Incorrect, higher than expected)
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