Question

Amit sold an umbrella is Rs680 ,losing 15% the cost price of umbrella is

Answer 1

800 will be the answer

Answer 2

The cost price of the umbrella is Rs. 800

Step-by-step explanation:

Let us consider that, the cost price of the umbrella be Rs. x

Given,

rate of loss = 15%

selling price = Rs. 680

Then loss = Rs. x * 15/100 = Rs. 3x/20

By the given condition,

selling price = cost price - loss

i.e., 680 = x - 3x/20

or, (20 - 3)/20 * x = 680

or, 17x/20 = 680

or, x = 680 * 20/17

or, x = 800

Hence the cost price of the umbrella is Rs. 800