Question

A shopkeeper sold an article for Rs . 9500 at a loss of 5 % . What is its cost price ? Solve it with the whole formula. ​

Answer 1

Answer:

10000 rs

Step-by-step explanation:

CP = (100 / 100 - loss %) X SP

= (100 / 100 - 5) X SP

= 100/95 X 9500

= 10000 rs

Answer 2

Given :

A shopkeeper sold an article for Rs. 9500 at the loss of 5%.

To find :

What is the Cost price.

Solution :

We know that,

CP = (SP × 100)/(100 - Loss%)

= (9500 × 100)/(100 - 5%)

= 95000/95

= 10000

Therefore,

The cost price of article is Rs. 10000