A set of books costs the merchant $500. At what price would the merchant be sold the set of books if he got loss of 5% ?  Select:	A) $475	B) $480	C) $485	D) $495	E) None of these
Cost Price = $500   Loss % = 5   Selling Price = ?   Selling Price = (100 - loss %) * Cost Price /100   = (100 - 5) * 500 / 100= 
<gadget id="calculator">(100 - 5) * 500 / 100</gadget>
<output>475</output>
475   $475nswer is $475
<result>A</result>
A set of books costs the merchant $500. At what price would the merchant be sold the set of books if he got loss of 5% ?