A retailer sold 3 cameras for Rs 28,500 and had a loss of 5%. Find the cost price of each camera.
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Here is the answer to this question. It will be calculated with the profit and loss method by assuming the CP to be x.
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Step-by-step explanation:
cost of each camera is 28500÷3 =9500( selling price)
In mathematical language
If sp of camera is 95 then cost of camera is 100
,, ,, ,, ,,,,,,,,,,,,,,,,,,,,,1 then cost of camera is 100/95
,,, ,,,,, ,,,,,,,,,, ,,,,,,,,9500 ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,100/95×9500= 10,000
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