Question

an item was sold for Rs 570 at as loss of 5% what was its CP (Cost Price)​

Answer 1

Answer:

The answer of this is of it

Answer 2

Given: An item was sold for Rs 570 at a loss of 5%.

To find: We have to find the cost price of the item.

Solution:

Let the cost price of the item be x rupees.

It is sold at a 5% loss.

So, the selling price of the item is as follows-

$x - \frac{5x}{100} \\ x - \frac{x}{20} \\ \frac{20x - x}{20} \\ = \frac{19x}{20}$

Given that the selling price of the item is 570 rupees.

So, we can write-

$\frac{19x}{20} = 570 \\ 19x = 570 \times 20 \\ x = 600$

The value of x is 600.

So, the cost price of the item is 600 rupees.