A bat is bought for Rs.750 and sold at a loss of 8%. What is its selling price?
Show answer & explanation
Correct answer: D
Explanation
The correct answer is Option 4 i.e. Rs 690.
Let, the S.P. of the bat be x
C.P. of the bat = Rs.750
Loss = 8% of C.P. = 8% of 750 = Rs.60
S.P. = C.P. - Loss
S.P. = 750 - 60 = Rs.690
So, the selling price of the bat is Rs. 690 when it is sold at a loss of 8%.