Question

7. Complete the following: CP = ______, SP = Rs. 1254, Loss = 32

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Answer 1

Answer:

In this question,

S.P = 1254

Loss = 32

That means, when the person sold an object for 1254, he had a loss of 32. That would mean that the cost price or the price he bought the thing with was more the value than the selling price. That would mean that if,

Cost price > Selling Price,

there will be Loss

Cost Price < Selling Price,

there will be Profit.

Here it is a loss, so that means the cost price was larger than the selling price.

What would you usually do if you had to get a greater number? You would add the two values, right? Same thing here. Add the Loss and Selling Price.

CP = SP + Loss

CP = 1254 + 32

CP = 1286

Therefore the Person bought the thing for 1286, but sold it only for 1254, and had a loss of 32.

Hope it Helps,

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