An item was sold for Rs540 at a loss of 5%. what was it's cost price
Answers
S.P= ₹ 540, loss%=5%
S.P= ₹ 540, loss%=5%
Let the Cost price = C.P
S.P= ₹ 540, loss%=5%
Let the Cost price = C.PLoss% =( loss/C.P) × 100
S.P= ₹ 540, loss%=5%
Let the Cost price = C.PLoss% =( loss/C.P) × 100Loss% =( (CP- SP)/CP ) × 100
S.P= ₹ 540, loss%=5%
Let the Cost price = C.PLoss% =( loss/C.P) × 100Loss% =( (CP- SP)/CP ) × 1005 =( (CP - 540)/CP ) × 100
S.P= ₹ 540, loss%=5%
Let the Cost price = C.PLoss% =( loss/C.P) × 100Loss% =( (CP- SP)/CP ) × 1005 =( (CP - 540)/CP ) × 1005/100 = ( (CP - 540)/CP )
S.P= ₹ 540, loss%=5%
Let the Cost price = C.PLoss% =( loss/C.P) × 100Loss% =( (CP- SP)/CP ) × 1005 =( (CP - 540)/CP ) × 1005/100 = ( (CP - 540)/CP ) 1/20 = ( (CP - 540)/CP )
S.P= ₹ 540, loss%=5%
Let the Cost price = C.PLoss% =( loss/C.P) × 100Loss% =( (CP- SP)/CP ) × 1005 =( (CP - 540)/CP ) × 1005/100 = ( (CP - 540)/CP ) 1/20 = ( (CP - 540)/CP ) CP = 20 (CP - 540)
S.P= ₹ 540, loss%=5%
Let the Cost price = C.PLoss% =( loss/C.P) × 100Loss% =( (CP- SP)/CP ) × 1005 =( (CP - 540)/CP ) × 1005/100 = ( (CP - 540)/CP ) 1/20 = ( (CP - 540)/CP ) CP = 20 (CP - 540)20 = 20CP - 10800
S.P= ₹ 540, loss%=5%
Let the Cost price = C.PLoss% =( loss/C.P) × 100Loss% =( (CP- SP)/CP ) × 1005 =( (CP - 540)/CP ) × 1005/100 = ( (CP - 540)/CP ) 1/20 = ( (CP - 540)/CP ) CP = 20 (CP - 540)20 = 20CP - 1080020CP - CP = 10800
S.P= ₹ 540, loss%=5%
Let the Cost price = C.PLoss% =( loss/C.P) × 100Loss% =( (CP- SP)/CP ) × 1005 =( (CP - 540)/CP ) × 1005/100 = ( (CP - 540)/CP ) 1/20 = ( (CP - 540)/CP ) CP = 20 (CP - 540)20 = 20CP - 1080020CP - CP = 1080019CP = 10800
S.P= ₹ 540, loss%=5%
Let the Cost price = C.PLoss% =( loss/C.P) × 100Loss% =( (CP- SP)/CP ) × 1005 =( (CP - 540)/CP ) × 1005/100 = ( (CP - 540)/CP ) 1/20 = ( (CP - 540)/CP ) CP = 20 (CP - 540)20 = 20CP - 1080020CP - CP = 1080019CP = 10800CP = 10800/19
S.P= ₹ 540, loss%=5%
Let the Cost price = C.PLoss% =( loss/C.P) × 100Loss% =( (CP- SP)/CP ) × 1005 =( (CP - 540)/CP ) × 1005/100 = ( (CP - 540)/CP ) 1/20 = ( (CP - 540)/CP ) CP = 20 (CP - 540)20 = 20CP - 1080020CP - CP = 1080019CP = 10800CP = 10800/19CP =₹ 568.42
S.P= ₹ 540, loss%=5%
Let the Cost price = C.PLoss% =( loss/C.P) × 100Loss% =( (CP- SP)/CP ) × 1005 =( (CP - 540)/CP ) × 1005/100 = ( (CP - 540)/CP ) 1/20 = ( (CP - 540)/CP ) CP = 20 (CP - 540)20 = 20CP - 1080020CP - CP = 1080019CP = 10800CP = 10800/19CP =₹ 568.42
Hence, the cost price of an item = ₹ 568.42
We have,
SP = Rs 540
Loss = 5%
CP = ?
.
Therefore,
put the values in the above equation, we get