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Interest free by LatitudeAvailable to approved customers only. To be eligible, approved customers must spend over the advertised minimum spend for the plan on products and services in a single transaction in store or online. Excludes eBay. Excludes Gift Cards, Apple, Miele, Asko, Neff, Bertazzoni, Smeg Portafino & Smeg Refrigeration, La Germania and AEG products. At the end of the plan, interest will be charged at 24.99%. A $99 annual fee applies for Latitude Gem Visa. This notice is given under the Latitude Gem Visa Conditions of Use (as applicable), which specify all other conditions for this offer. Also available to CreditLine, Latitude GO Mastercard and Buyer’s Edge customers. Other conditions, fees and charges apply, see product websites for details. Credit is provided by Latitude Finance Australia (ABN 42 008 583 588), Australian Credit Licence number 392145. Not all payment plans are available online. Equal monthly payment plans No repayment plans Minimum monthly repayment plans LatitudePay
How to calculate selling price using cost and loss percent? We know, Selling Price = cost price - loss Selling Price = cost price - \(\frac{Loss Percentage × Cost Price}{100}\) Selling Price = \(\frac{100 × Cost Price - Loss Percentage × Cost Price}{100}\) Selling Price = Cost Price (\(\frac{100 - Loss Percentage}{100}\)), [Here, cost price and loss% are known.] Solved examples will help us to find selling price when the cost price and loss% are known: 1. Shelly bought a dress for $150 and sold it to Jenny there by suffering a loss of 10%. Find the selling price of the dress. Solution: Given cost price = $150 Loss % = 10% We know, selling price = Cost Price (\(\frac{100 - Loss Percentage}{100}\)) = 150 (\(\frac{100 - 10}{100}\)) = 150 (\(\frac{90}{100}\)) = (\(\frac{150 × 90}{100}\)) = 9 × 15 = $135 Therefore, selling price of the dress is $135. 2. Mike bought a laptop for $800 and sold it to Jack there by suffering a loss of 12%. Find the selling price of the laptop. Solution: Given cost price = $800 Loss % = 12% We know, selling price = Cost Price (\(\frac{100 - Loss Percentage}{100}\)) = 800 (\(\frac{100 - 12}{100}\)) = \(\frac{800 × 88}{100}\) = 88 × 8 = $724 Therefore, selling price of the laptop is $724. 3. By selling a chair for $372, Daisy loses 7%. At what price must she sell it to gain 10%. Solution: Given selling price = $ 372 Loss % = 7% We know, Cost Price = \(\frac{Selling Price × 100}{100 - Loss Percentage}\) Therefore, cost price = \(\frac{372 × 100}{100 - 7}\) = \(\frac{372 × 100}{93}\) = $400 Now cost price = $400 Gain% = 10% Therefore, selling price = Cost Price [\(\frac{100 + Gain Percentage}{100}\)] = 400 [\(\frac{100 + 10}{100}\)] = 110 × 4 = $440 7th Grade Math Problems From Calculate Selling Price using Cost and Loss Percent to HOME PAGE
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