Question

A watch was sold 255 rupees with a loss of 15% find its cost price

Answer 1

Frist we use formula sp×100/100-loss

CP=300

Answer 2

The cost price is Rs.264.70.

Step-by-step explanation:

Given : A watch was sold 255 rupees with a loss of 15%.

To find : Its cost price ?

Solution :

The selling price is Rs.225.

The loss percent is 15%.

The cost price formula is

$CP=\frac{100}{100-L\%} \times SP$

$CP=\frac{100}{100-15} \times 225$

$CP=\frac{100}{85} \times 225$

$CP=264.70$

Therefore, the cost price is Rs.264.70.

#Learn more

Rakesh buys a bicycle at Rs.3000. He sold this bicycle to his friend Mahesh at Rs.2550. Find profit or loss and its percentage.

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