a printer was sold at Rupees 8550 at loss of 5% find the cost price of the printer
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Answer:
8550×100/95 cut 95 from 8550
you get 90×100= 9000
so the cp of printer is 9000Rs
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The cost price of the printer is Rs. 9000
Given : A printer was sold at Rupees 8550 at loss of 5%
To find : The cost price of the printer.
Solution :
We can simply solve this mathematical problem by using the following mathematical process. (our goal is to calculate the cost price)
Let, the cost price = Rs. x
Loss amount :
= x × 5%
= x × (5/100)
= Rs. x/20
Selling price :
= Cost price - Loss amount
= x - (x/20)
= (20x - x)/20
= Rs. 19x/20
According to the data mentioned in the question,
19x/20 = 8550
x = 8550 × (20/19)
x = 9000
So, cost price = Rs. x = Rs. 9000
(This will be considered as the final result.)
Hence, the cost price of the printer is Rs. 9000
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