A man buys a table for ₹2,800 and sells it at a loss of 30%. The selling price (in ₹ ) of the table is

Correct option is B

Given:

Cost Price (CP) = ₹2800

Loss = 30%

Concept Used:

SP = $$\text{CP} \times \left(1 - \frac{\text{Loss \%}}{100} \right)$$​

Solution:

SP = $$2800 \times \left(1 - \frac{30}{100} \right)$$​

SP = $$2800 \times \left(\frac{70}{100} \right)$$​

SP = 280 $$\times$$​ 7

SP = ₹1960