An article is sold for $225 at a loss of 10%. iTs cost price is
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Answer:
Step-by-step explanation:
s.p = $225
loss percent=10%
cost price= 10% of 225
= $22.5
cost price = s.p -loss
=$225-22.5
=$202.5
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Sp= $225
Loss%=10%
:. Sp = (1-r/100)*cp [here, r = loss % i.e 10]
225=(1-10/100)*cp
225=9/10*cp
:. Cp = (225*10)/9
Cp= 250
:. The cp is $250
Loss%=10%
:. Sp = (1-r/100)*cp [here, r = loss % i.e 10]
225=(1-10/100)*cp
225=9/10*cp
:. Cp = (225*10)/9
Cp= 250
:. The cp is $250
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