Question

An item was sold for Rs 480 at a loss of4%. What is the cost price?

Answer 1

Answer:

SP of the article is = Rs 480 and Profit = 4%

%So by using the formula, CP = 100/(100+Profit%) x SP

%So by using the formula, CP = 100/(100+Profit%) x SPCP = 100/(100+4) x 480

) x 480= 100/104 x 480

x 480= Rs 461.5 (approx.)

Hence the CP of the article is Rs 461.5

Answer 2

Answer:

Rs 250

Step-by-step explanation:

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