Question

A shopkeeper sold a bicycle at a loss of 10% for Rs.450. find the cost price of the bicycle.

Answer 1

Solution:

Selling price of a bicycle

(s.p)= Rs450

Loss(L) = 10%

Let cost price = c.p

c.p = (s.p × 100)/(100-L)

= (450×100)/(100-10)

= (450×100)/90

= 5 × 100

= Rs500

Therefore,

Cost price of the bicycle = Rs500

••••

Answer 2

Hey !

Refer the below attachment !

Thanks !