Question

1. By selling an article for 6864, a man loses 12%. Find its cost price.​

Answer 1

Answer:

96

Step-by-step explanation:

S.P. of an article = Rs. 704

Loss = 12%

C.P. = 100/(100 – Loss%) × S.P.

= 100/(100 – 12) × Rs. 704 = Rs. 100/88 × 704

= Rs. 100 × 8 = Rs. 800

Loss = C.P. – S.P.

= Rs. 800 – Rs. 704

= Rs. 96