Question

Robi bought a toy car for $x. He sold it at a loss of 10%. Find the expression
for the selling price.

Answer 1

Step-by-step explanation:

loss amount'= loss% × C.P

=10/100 × x

=0.1 x

Again,

S.P = C.P - Loss amount

=$x - $0.1 x

=0.9 x

Answer 2

The expression for the selling price is:

0.9x

What is selling price and cost price and its formula?

Cost Price: The price paid for an item is referred to as its cost price (C.P.). The price at which an item is purchased is referred to as its selling price (S.P.).

Profit or Gain: The seller is considered to have profit or gain if SP exceeds CP.

Solution:

Given, loss percent is = 10%

          cost price of the toy car is = $x

Therefore the loss amount is: loss% × C.P

                                              = 10/100 × cost price

                                              = 0.1x

Now, for the selling price expression:

                          selling price (SP) = Cost price ₋ Loss amount

                                                      = $x ₋ $0.1x

                                                      = 0.9x

Hence we get the desired expression for the selling price as 0.9x.

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