Question

A man incurs a lost of 37₹ by selling an article for 120₹.find the cost price of the article?​

Answer 1

Answer:

Cost price = selling price+ loss

= 120+37

= Rs 157

Answer 2

Answer:

The selling price of the article is Rs. 157.

Step-by-step explanation:

The formula to compute the selling price (SP) of an article when a loss is incurred is:

SP = CP - Loss

Given:

SP = Rs. 120

Loss = Rs. 37

Compute the cost price of the article as follows:

CP = SP + Loss

     = 120 + 37

     = 157

Thus, the selling price of the article is Rs. 157.