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Find the selling price for this item: A sound system costing $499 is sold at a loss of 45%.
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45% of 499= 0.45*499 =224.55 Selling price=Cost price-Loss
so it's sold at 55% of the cost price then. find 55% of $499
Use the formula: \[\large Selling \;Price = \frac{(100 - Loss \; Percentage)}{100} \times Cost \;Price\]
Thankyou
\[S.P = \frac{(100-45)}{100} \times 499 = \frac{55}{100} \times 499\] Solve this..
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