a boy loses 20% by selling his old books for rs64 .find the cost price of the book
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Answer :-
The cost price of old books is Rs.80.
Step-by-step explanation:
To Find :-
- The cost price of the book.
★ Solution
Given that,
- Loss percentage = 20%
- Selling price of the book = Rs. 64
Assumption :-
Let us assume the cost price as Rs. x
Loss = Rs. (20% of x)
⇒ (20/100 × x)
⇒ (2/10 × x)
⇒ Rs. x/5
We know,
Selling price = Cost price - Loss.
Therefore,
S.P. = C.P. - Loss = Rs. (x - x/5)
⇒ (x - x/5)
⇒ Rs. 4x/5
Now, 4x/5 = 64
⇒ 4x/5 = 64
⇒ 4x = 64 × 5
⇒ 4x = 320
⇒ x = 320/4
⇒ x = 80
Hence, The cost price Rs. 80.
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