MP Board · Class 8 · Mathematics · Comparing QuantitiesA fan is bought for ₹1,200 and sold at a loss of 5%. What is the selling price?
Step-by-Step Solution
Loss = 5% of ₹1,200 = (5 / 100) × 1200 = ₹60.\nSelling Price = Cost Price - Loss = 1200 - 60 = ₹1,140.
Detailed Options Breakdown
Option : ₹1,140 (Correct Answer)
Correct choice. Refer to the step-by-step verified solution guidelines above for details.
Option 1: ₹1,260
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Comparing Quantities.
Option 2: ₹1,100
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Comparing Quantities.
Option 3: ₹1,150
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Comparing Quantities.
💡 Study Guide: This question tests core syllabus concepts from Comparing Quantities. For formulas, key summaries, and mock exam reference guides, read the full Comparing Quantities Revision Notes.