Question

an article was sold at ₹690 including a loss if 2 1/2% find the cp​

Answer 1

Answer:

Rs. 920

Step-by-step explanation:

Selling Price = Rs. 690

Loss percentage = 2(1/2)% = 5/2 %

We know:

Loss percent = Loss/Cost Price × 100

Further simplifying it, we get:

Loss percent = (Cost Price - Selling Price)/Cost Price × 100

=> 5/2 = (CP - 690)/CP × 100

Let CP = x

=> 5x = (x - 690)100 × 2

=> 5x = (100x - 69000)2

=> 5x = 200x - 138000

=> 138000 = 150x

=> x = 920

Thus, cost price is equal to Rs. 920

Hope it Helps!!