Question

a machine is sold for rs 11400 at a loss of 5%.
what is the cost price?

Answer 1

hope it helps to you.

Answer 2

Given: Selling price of the machine = Rs. 11,400

           Loss = 5%

To find: The Cost Price

Solution: According to the given question,

Selling Price (SP) = Rs. 11,400

Loss (L) = 5%

Cost Price (CP) = ?

∵ $Selling \ Price = (1 - \frac{L}{100}) \of \ CP$

⇒ $11,400 = (1 - \frac{5}{100}) \ of \ CP$

⇒ $11,400 = \frac{95}{100} \ of \ CP$

⇒ $CP = \frac{11,400 \ * \ 100}{95} = 12,000$

Hence, Cost price of the machine is Rs. 12,000.