Question

2. Find the cost price of
article which is sold at a loss of 25% for Rs 150?​

Answer 1

Answer:

200

Step-by-step explanation:

$\large\bf\red{Cost\; Price}$

Cost price means the price at which goods are or have been bought by a merchant or retailer.

$\large\bf\red{Selling\; Price}$

Sold price means the price at which a good or service is sold by the seller to the buyer.

$\large\bf\red{Profit}$

A financial gain, especially the difference between the amount earned and the amount spent in buying, operating, or producing something.

$\large\bf\red{Loss}$

An amount of money lost by a business or organization.

$\large\bf\orange{Given}$

SP = 150₹

Loss = 25%

CP = ?

To find CP

formulae

When in profit

CP = ( SP × 100 ) / (100 + percentage profit).

When in loss

CP = ( SP × 100 ) / (100 – percentage loss)

∴ CP = ( 150 × 100) / (100 - 25)

∴ CP = 15000 / 75

∴ CP = 200

$\large\bf\red{CP=200Rs.}$