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    Find the selling price, when cost price is 70 and loss is 10%.
    Question

    Find the selling price, when cost price is 70 and loss is 10%.

    A.

    Rs. 62

    B.

    Rs. 60

    C.

    Rs. 63

    D.

    Rs. 36

    Correct option is C

    Given:
    Cost Price (CP) = 70
    Loss = 10%
    Formula Used:
    Selling Price (SP) = Cost Price (CP) - Loss
    Where Loss = (Loss% × CP) / 100
    Solution:
    Loss = (10% × 70) / 100 = 7
    Selling Price (SP) = 70 - 7 = 63

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