Question

a dealer sells a machine for 22400 and loses 1/6th of its cost price, calculate the cost price and loss percent

Answer 1

let cp be x
loss x/6
sp x- x/6= 22400

5x/6=22400
x=22400*6/5=26880
cp=26880
loss=cp-sp
26880-22400=4480
loss% loss/cp*100
16.66%

Answer 2

Answer:

let be x

a dealers sell a machine for 22400

loss1/6pf its cost price

so x-1/6=6/5

so finding the cp 6/5 ×22400= 26880

loss cp-sp

loss 26880-22400=4488

loss %=loss/cp× 100

loss%=4488/26880×100

loss%= 16.69%