Question

An article is sold for Rs 225 at a loss of 10% . Find its cp

Answer 1

Hi mate.

Your answer is :-

$\frac{100}{100 - 10} \times 225$

$\frac{100}{90} \times 225$

After solving answer is RS.250

CP=Rs.250

Answer 2

Answer:

Rs 250

Step-by-step explanation:

Given:

Cost Price (CP): This is the price paid for a product. It can occasionally additionally cover overhead costs, transportation costs, etc. For instance, you paid Rs 10,000 for a refrigerator and spent Rs 2000 for transportation and Rs 500 on setup. The amount of all completed expenditures, or Rs 12,500, constitutes the entire cost price.

Selling Price (SP): The price at which a thing is offered for sale. It could be greater than, equal to, or lower than the item's cost price. For instance, if a store owner purchased a chair for Rs 500 and sold it for Rs 600, the furniture's cost price is Rs 500 and its selling price is Rs 600.

Selling price of article = Rs 225

x be the cost price of the article

From the question,

$x-(\frac{10}{100} )x=225\\\frac{100x-10x}{100}=225\\90x=22500\\x=\frac{22500}{90} \\x=250$

Hence the cost price is 250.

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