A dealer sells a machine for ₹22400 and loses 1/6th of its cost price. Find the cost price of the machine and his loss percent
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Answered by
1
Answer:
you answer is 16.66666667
Answered by
2
Answer:
Step-by-step explanation:
Let Cost Price be x
Loss = x/6
Selling Price = x- x/6 = 22400
5x/6 = 22400
x = 22400*6/5 = 26880
Cost Price = 26880
loss = Cost Price-Selling Price
26880-22400 = 4480
loss% = Loss/Cost Price x 100
16.66%
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