Question

If cost price of a product is rs. 53 and the loss on its sale is rs. 6, what is its selling price?

Answer 1

Answer:

  ₹47

Step-by-step explanation:

The relation between cost price, selling price, and profit is ...

  profit = selling price - cost price

A loss is a negative profit.

__

Using the given values in the formula, we find ...

  -6 = selling price - 53

  47 = selling price . . . . . . . add 53 to both sides

The selling price of the product is ₹47.