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Popular Word Problems >

A cricket bat is bought for \$350. Later, it is sold with a loss of 15%. How much is the cricket bat sold for? After selling the cricket bat, how much money has been lost?

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Solution

Acricketbatisboughtfor$350.Later,itissoldwithalossof15%.Howmuchisthecricketbatsoldfor?Aftersellingthecricketbat,howmuchmoneyhasbeenlost?

Solution

Amountafterreduction:297.5
Solution steps
Translate the problem into an equation:x=350−0.15⋅350
x=350−0.15⋅350:x=297.5
Amountafterreduction:297.5

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