# If the cost price for a product is Rs 256, then find the selling price of this product when the loss is 10%.

Last updated date: 21st Mar 2023

•

Total views: 304.5k

•

Views today: 3.82k

Answer

Verified

304.5k+ views

Hint: If we are given a product at cost price equal to x and we are given that we have to sell this at some y % loss then the selling price is given by the formula $x-\dfrac{xy}{100}$. Using this formula, we can solve this question.

Before proceeding with the question, we must know the formula that will be required to solve this question.

If we are given a product which is having its cost price equal to x and we are required to sell it at y % loss then its selling price will be given by the formula $x-\dfrac{xy}{100}$. . . . . . . . (1)

In this question, we are given that the cost price for a product is Rs 256. We are required to find the selling price of this product when the loss is 10%.

Substituting x = 256 and y = 10 in the formula (1), we get the selling price of this product equal to,

$\begin{align}

& 256-\dfrac{256\times 10}{100} \\

& \Rightarrow 256-25.6 \\

& \Rightarrow 230.4 \\

\end{align}$

Hence, the selling price of the product is Rs. 230.4.

Note: It is an easy question which can be solved by adequate knowledge of percentage. But since it is an easy question, it is possible that one may commit a mistake while doing the calculations while solving this question in a hurry. For example, there is a possibility that one may write $\dfrac{256\times 10}{100}$ equal to 2.56 instead of 25.6. So, one must be careful while doing these types of calculations.

__Complete step-by-step answer:__Before proceeding with the question, we must know the formula that will be required to solve this question.

If we are given a product which is having its cost price equal to x and we are required to sell it at y % loss then its selling price will be given by the formula $x-\dfrac{xy}{100}$. . . . . . . . (1)

In this question, we are given that the cost price for a product is Rs 256. We are required to find the selling price of this product when the loss is 10%.

Substituting x = 256 and y = 10 in the formula (1), we get the selling price of this product equal to,

$\begin{align}

& 256-\dfrac{256\times 10}{100} \\

& \Rightarrow 256-25.6 \\

& \Rightarrow 230.4 \\

\end{align}$

Hence, the selling price of the product is Rs. 230.4.

Note: It is an easy question which can be solved by adequate knowledge of percentage. But since it is an easy question, it is possible that one may commit a mistake while doing the calculations while solving this question in a hurry. For example, there is a possibility that one may write $\dfrac{256\times 10}{100}$ equal to 2.56 instead of 25.6. So, one must be careful while doing these types of calculations.

Recently Updated Pages

If abc are pthqth and rth terms of a GP then left fraccb class 11 maths JEE_Main

If the pthqth and rth term of a GP are abc respectively class 11 maths JEE_Main

If abcdare any four consecutive coefficients of any class 11 maths JEE_Main

If A1A2 are the two AMs between two numbers a and b class 11 maths JEE_Main

If pthqthrth and sth terms of an AP be in GP then p class 11 maths JEE_Main

One root of the equation cos x x + frac12 0 lies in class 11 maths JEE_Main

Trending doubts

What was the capital of Kanishka A Mathura B Purushapura class 7 social studies CBSE

Difference Between Plant Cell and Animal Cell

Write an application to the principal requesting five class 10 english CBSE

Ray optics is valid when characteristic dimensions class 12 physics CBSE

Give 10 examples for herbs , shrubs , climbers , creepers

Tropic of Cancer passes through how many states? Name them.

Write the 6 fundamental rights of India and explain in detail

Write a letter to the principal requesting him to grant class 10 english CBSE

Name the Largest and the Smallest Cell in the Human Body ?