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Q.

A dealer has paid Rs. 120 for a pair of shoes. He sold it to a customer at loss of $20 %$ , then the selling price is

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a

Rs. 86

b

Rs. 96

c

Rs. 56

d

Rs. 66

answer is B.

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Detailed Solution

S.P

= \frac{100 - loss%}{100} \times

C.P

$= \frac{100 - 20}{100} \times 120 = \frac{80}{100} \times 120$

$=$ Rs. 96

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