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A man buys an item at ₹ 1200 and sells it at the loss of 20 percent. Then what is the selling price of that item? 
  • a)
    Rs. 660
  • b)
    Rs. 760
  • c)
    Rs. 860
  • d)
    Rs. 960
Correct answer is option 'D'. Can you explain this answer?
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Most Upvoted Answer
A man buys an item at 1200 and sells it at the loss of 20 percent. Th...
Here always remember, when ever, x% loss,
it means S.P. = (100 - x) % of C.P
When ever, x% profit, it means S.P. = (100 + x) % of C.P
So here will be (100 - x) % of C.P.
= 80 % of 1200
= 80/100 x 1200
= 960
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Community Answer
A man buys an item at 1200 and sells it at the loss of 20 percent. Th...
To find the selling price of the item, we need to calculate the amount of loss first and then subtract it from the purchase price.

Given:
Purchase price = Rs. 1200
Loss percentage = 20%

Step 1: Calculate the loss amount
The loss percentage is 20%, which means the item is sold at 80% of its original value. We can calculate the loss amount by finding 20% of the purchase price.

Loss amount = 20% of Rs. 1200
Loss amount = (20/100) * 1200
Loss amount = 0.2 * 1200
Loss amount = 240

Step 2: Calculate the selling price
The selling price is obtained by subtracting the loss amount from the purchase price.

Selling price = Purchase price - Loss amount
Selling price = 1200 - 240
Selling price = 960

Hence, the selling price of the item is Rs. 960.

Therefore, the correct answer is option 'D' Rs. 960.
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A man buys an item at 1200 and sells it at the loss of 20 percent. Then what is the selling price of that item?a)Rs. 660b)Rs. 760c)Rs. 860d)Rs. 960Correct answer is option 'D'. Can you explain this answer?
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A man buys an item at 1200 and sells it at the loss of 20 percent. Then what is the selling price of that item?a)Rs. 660b)Rs. 760c)Rs. 860d)Rs. 960Correct answer is option 'D'. Can you explain this answer? for Class 6 2024 is part of Class 6 preparation. The Question and answers have been prepared according to the Class 6 exam syllabus. Information about A man buys an item at 1200 and sells it at the loss of 20 percent. Then what is the selling price of that item?a)Rs. 660b)Rs. 760c)Rs. 860d)Rs. 960Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for Class 6 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A man buys an item at 1200 and sells it at the loss of 20 percent. Then what is the selling price of that item?a)Rs. 660b)Rs. 760c)Rs. 860d)Rs. 960Correct answer is option 'D'. Can you explain this answer?.
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