Question

2. A table was sold at 15% loss for ? 1700. CP is​

Answer 1

Solution:-

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Here, the question has given us the selling price and has told is that a person had a loss of 15% on selling the table at ₹1700. The question has asked us to find the CP of the table. So to find CP we have to find the formula of CP when loss% is given.

ANSWER:-

• Cost price of the table is Rs 2,000.

GIVEN:-

• Selling price of the table = Rs 1700
• Loss the man had = 15%

TO FIND:-

• Cost Price of the table = ?

FORMULA:-

• CP when Loss Percent is given = (SP × 100 / 100 - Loss)

SOLVING BY APPLYING THE FORMULA:-

➴ Selling price = Rs 1700

➴ Loss percent = 15%

➴ CP when Loss Percent is given = (SP × 100 / 100 - Loss)

• Cost price of the table = (170000 × 100 / 100 - 15)
• Cost price of the table = (170000 / 100 - 15)
• Cost price of the table = (170000 / 85)
• Cost price of the table = (170000 / 85) = 2,000
• Cost price of the rise = Rs 2,000

Hence, we got our answer by the formula of Cost price when loss% is given. So, the Cost price of the table is Rs 2,000.

${\underline{\boxed{\large{\mathscr{\:All\: Formulae\:of\:Profit\:And\:Loss\:}}}}}$

• Profit = (SP > CP) = SP - CP
• Loss = (CP > SP) = CP - SP
• Profit% = (Profit × 100 / CP)%
• Loss% = (Loss × 100 / CP)%
• SP when Profit Percent is given = (100 + Profit % / 100)× CP
• CP when Profit Percent is given = (SP × 100 / 100 + Profit %)
• SP when Loss Percent is given = (100 - Loss / 100)× CP
• CP when Loss Percent is given = (SP × 100 / 100 - Loss)

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Answer 2

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ANSWER:-

Cost price of the table is Rs 2,000.

GIVEN:-

Selling price of the table = Rs 1700

Loss the man had = 15%

TO FIND:-

Cost Price of the table = ?

FORMULA:-

CP when Loss Percent is given = (SP × 100 / 100 - Loss)

SOLVING BY APPLYING THE FORMULA:-

➴ Selling price = Rs 1700

➴ Loss percent = 15%

➴ CP when Loss Percent is given = (SP × 100 / 100 - Loss)

Cost price of the table = (170000 × 100 / 100 - 15)

Cost price of the table = (170000 / 100 - 15)

Cost price of the table = (170000 / 85)

Cost price of the table = (170000 / 85) = 2,000

Cost price of the rise = Rs 2,000

Hence, we got our answer by the formula of Cost price when loss% is given. So, the Cost price of the table is Rs 2,000.

${\underline{\boxed{\large{\mathscr{\:All\: Formulae\:of\:Profit\:And\:Loss\:}}}}}$AllFormulaeofProfitAndLoss

Profit = (SP > CP) = SP - CP

Loss = (CP > SP) = CP - SP

Profit% = (Profit × 100 / CP)%

Loss% = (Loss × 100 / CP)%

SP when Profit Percent is given = (100 + Profit % / 100)× CP

CP when Profit Percent is given = (SP × 100 / 100 + Profit %)

SP when Loss Percent is given = (100 - Loss / 100)× CP

CP when Loss Percent is given = (SP × 100 / 100 - Loss)

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