Question

A trader who sells an item loses 8%. If the trader has sold this item for Rs. 1380 then find the original price of the item?​

Answer 1

Answer:

1490.4 is the answer

Answer 2

Answer:

The original price of an item was Rs. $1500$.

Step-by-step explanation:

Given : Loss on selling an item = $8$%

          Selling price of an item = Rs. $1380$

To find : Original price of the item?​

Solution :

• It is given that the loss on selling an item = $8$%

                Selling price of an item = Rs. $1380$

• We have to find the original price of the item.
• Let, $x$ be the original price of the item.
• According to given condition, the equation becomes

        Cost price = Selling price + loss

                     $x=1380+8$% of $x$

                  ∴ $x=1380+\frac{8}{100} x$

               ∴ $x-\frac{8x}{100} =1380$

               ∴ $\frac{100x-8x}{100} =1380$

                   ∴ $92x=1380*100$

                   ∴ $92x=138000$

                    ∴ $x=\frac{138000}{92}$

                    ∴ $x=1500$

• ∴ The original price of an item was Rs. $1500$.