1. selling price=€540
loss%=5%
find the cost price=
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ANSWERGiven:S.P= ₹ 540, loss%=5%Let the Cost price = C.PLoss% =( loss/C.P) × 100Loss% =( (CP- SP)/CP ) × 1005 =( (CP - 540)/CP ) × 1005/100 = ( (CP - 540)/CP ) 1/20 = ( (CP - 540)/CP ) CP = 20 (CP - 540)20 = 20CP - 1080020CP - CP = 1080019CP = 10800CP = 10800/19CP =₹ 568.42Hence, the cost price of an item = ₹ 568.42....
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