Question

An item was sold for 540 at a loss of 5%. What was its cost price?
​

Answer 1

Step-by-step explanation:

hey mate

there is a formulae for finding the CP of an item when loss% is given.

CP=(100/100-LOSS%)×SP

CP=(100/100-5)×540

CP=100/95×540

CP=20/19×540

CP=₹568

hope it helps you