Question

An item was sold for rs 570 at as loss of 5% . What was its cost price

Answer 1

Answer:

It's answer is 600.

Step-by-step explanation:

Let the CP of item be y

so

y-(y×5÷100)=19y÷20

so,SP is

19y÷20=570

19y=570×20

y=570×20÷19

y=600

Hence,CP of the item is Rs600

Answer 2

Given:

Selling Price = Rs.570/-

Loss = 5% of the cost price

To Find:

Cost Price.

Solution:

Let the Cost Price of item be x.

Given that the item was sold at a loss of 5%.

$x - ( \frac{5}{100}.x) = 570$

$x - \frac{x}{20} = 570$

$\frac{19x}{20} = 570$

19x = 20 × 570

19x = 11400

x = 11400/19

x = 600

Hence, Cost Price of the item is Rs.600/-