Question

A shopkeeper sells an article for rs 320 thus suffering a loss of 20% . Find the CP​

Answer 1

Answer:

Let CP of the article be x.

Given that , loss%=20% & SP= ₹320

.: Loss=₹(x-320). [Loss = CP-SP]

By formula,

Loss%=( Loss ÷CP) ×100%

=>20={(x-320)÷x}×100

=>x=5x-1600

= >4x=1600

=>x=400

:. The CP of the article is ₹400.

Answer 2

Answer:

Given that SP = 320 ruppes

loss % = 20%

Formula of CP = (SP × 100) / (100 - loss

percentage%/)

= (320×100.) / (100-20)

=. 3200 / 80

= 40 ( ANSWER)