Question

A shirt is sold in Rupees 1498 and the seller gain 7% on it then what is the real cost of the shirt?​

Answer 1

Step-by-step explanation:

GIVEN

Selling Price = ₹1296

Loss = 4%

___________________________

To Find

Cost Price

___________________________

We know that,

Cost Price = ( Selling Price × 100 ) / ( 100 + Profit )

Cost Price = ( 1498 × 100 ) / ( 100 + 7 )

Cost Price = 149800 / 107

Cost Price = 1400

Cost Price = ₹1400

___________________________

Important

If the profit percent is given

Then,

Cost Price = ( Selling Price × 100 ) / ( 100 + Profit )

If the loss percent is given

Then,

Cost Price = ( Selling Price × 100 ) / ( 100 - loss )

Answer 2

Answer:

Step-by-step explanation:

SELLING PRICE=1498

SELLER GAINS 7%

=7/100 x 1498

=108.46

so the real price is 1498-108.46

=1389.54 Rs is the original price of the shirt