A cloth merchant sold 100m of cloth for rs 51000 at loss of 15% . What was the cp of 100 m of cloth
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Answered by
3
Hi ,
Selling price ( SP ) = Rs51000
Loss ( L ) = 15%
Cost price = CP
CP = ( 100 × SP ) / ( 100 - L )
= ( 100 × 51000 ) / ( 100 - 15 )
= ( 100 × 51000 ) / 85
= 60000
Therefore ,
Cost price of 100m cloth = Rs60000
I hope this helps you.
: )
Selling price ( SP ) = Rs51000
Loss ( L ) = 15%
Cost price = CP
CP = ( 100 × SP ) / ( 100 - L )
= ( 100 × 51000 ) / ( 100 - 15 )
= ( 100 × 51000 ) / 85
= 60000
Therefore ,
Cost price of 100m cloth = Rs60000
I hope this helps you.
: )
Padmanab:
great........ u solved my doubt
Answered by
1
It is done as shown above. Sorry if it's messy.
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