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The cost of a flower vase is Rs. 120. If the shopkeeper sells it at a loss of 5%, what will be the selling price (in Rs.)?
Question

The cost of a flower vase is Rs. 120. If the shopkeeper sells it at a loss of 5%, what will be the selling price (in Rs.)?

A.

126

B.

125

C.

114

D.

115

Correct option is C

Given:

Cost Price (CP)=120 Rs., Loss=5%\text{Cost Price (CP)} = 120 \, \text{Rs.}, \\ \ \\ \text{Loss} = 5 \%​​

Formula Used:

Selling Price (SP)=CP×(1Loss %)\text{Selling Price (SP)} = \text{CP} \times (1 - \text{Loss \%})​​

Solution:

SP=120×(15100) =120×0.95=Rs.114 \text{SP} = 120 \times (1 - \frac{5}{100}) \\ \ \\ = 120 \times 0.95 = \text{Rs.}114 \,  

Thus, the selling price is Rs. 114

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