TV Price | MCQs

Explanation

$$\text{Loss}=\text{Cost Price}-\text{Selling Price}$$ $$= 8000 - 7000 = 1000$$

Explanation

Let the original cost of the TV = C

Cost of TV with 10% GST = $\frac{110}{100}$C

Given, Cost of TV with 10% GST = ₹ 8,800

$\Rightarrow$  $\frac{110}{100}$C =  8800

$\Rightarrow$  C = 8000

$\therefore$The original cost of the TV = ₹ 8,000