Anil buys a motorcycle for ₹ 84,000 and sells it at a loss of 12%. What is the selling price of the motorcycle?
Show answer & explanation
Correct answer: D
Explanation
The correct answer is option 4 i.e. ₹ 73,920
Given:
Cost price = 84000
Loss% = 12
Selling price = Cost price × (100 - loss %)/100
Selling price = 84000 × (100 - 12)%
= 84000 × 88%
= 73920