Question

A company sells the product at a loss of 4%. If the S.P. of the product is Rs 48000, Find the actual loss and cost price of the product.​

Answer 1

Answer:

C.P. = ₹50000, Loss= ₹2000

Step-by-step explanation:

S.P. = ₹48000

Loss = 4% of C.P.

S.P. = C.P. - 4% of C.P.

48000 = x - 4x/100

48000*100 = 100x - 4x

4800000 = 96x

x = 4800000/96

x= ₹50000

C.P. = ₹50000

Loss = Rs 2000

Answer 2

Answer:

Actual oss = 2000

Actual C. P. = 50,000

Step-by-step explanation:

Let the C.P of the product be Rs.100

Loss=4%=4% of C.P

=

4/100×100=Rs.4

S.P=C.P−Loss=Rs.100−Rs.4=Rs.96

Thus if S.P is Rs.96 then C.P is Rs.100

If S.P is Rs.48000 then C.P=

100/96 ×48000=Rs.50,000

Hence Actual C.P=Rs.50,000

Actual loss=C.P−S.P

=50,000−48000=Rs.2000