5. A man sold an article for 6,270 and lost of the cost price. Find the cost price.
20
Answers
Answer:
CP=SP+LOSS
Let CP be x
LOSS=1/20x = x/20
x = 6270 + x/20
x = 125400 + x / 20
20x = 125400+x
20x - x =125400
19x = 125400
x = 125400/19
x = 6600
CP = 6600
hope it helps tq.........///////
Step-by-step explanation:
✭A man sold an article for ₹6,270 and lost at 20% by selling it. Find the cost price of that item.
✭Cost price of the item =₹7,838
✭Selling price of that item and loss on that item is ₹6,270 and ₹20 respectively.
✭Cost price of the item
Step by step explanation:-
Cost price of the item =
=
=
= ₹7,838
✭Profit or Gain = Selling price – Cost Price
✭ Loss = Cost Price – Selling Price
✭Profit percentage = (Profit /Cost Price) x 100
✭ Loss percentage = (Loss / Cost price) x 100
✭ This is in case of loss:-
✭ Cost Price =
✭ This is in case of profit:-
✭ Cost Price =
✭This is in case of loss:-
✭Selling Price = {(100 – Loss %)/100} x CP}
✭This is in case of profit:-
✭Selling Price = {(100 + Gain %)/100} x CP}
✭ The amount earned by selling the product is called selling price.
✭ The amount given to the buyer by the owner of the product is called cost price.
✭ The amount gained by selling the product is called profit.
✭ The amount losed by selling the product is called loss.