Question

A shopkeeper sells a washing machine for rs 13,500. He loses 20% in the bargain. What was the price at whiche he brought it.​

Answer 1

Answer:

16875

Step-by-step explanation:

he sells in lose,

so it will be (100-20) = 80

if purchase price is 80 then sell price is 100

'' " " " 1 " " " " 100/80

" " " " 13500 " " " (13500*100)/80

Answer 2

Answer:

CP = ₹ 16,875

Step-by-step explanation:

Question:

A shopkeeper sells a washing machine for rs 13,500. He loses 20% in the bargain. What was the price at which he brought it.

Given:

Selling Price = 13,500

Loss = 20%

To Find:

What was the price at which he brought it.

We have to find = C.P

Formula:

Cost price formula = {100/(100 – Loss%)} × SP.

Solution:

→ CP = 100 / {(100 - Loss%)} × SP

→ CP = 100 / {(100 - 20)} × 13,500

→ CP = 100 / 80 × 13,500

→ CP = 10 / 8 × 13,500

→ CP = 5 / 4 × 13,500

→ CP = 5 × 3,375

→ CP = ₹ 16,875