An item was sold for rupees 514 at a loss of rupees 5 percentage what was its cost
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Given:
S.P= ₹ 540, loss%=5%
Let the Cost price = C.P
Loss% =( loss/C.P) × 100
Loss% =( (CP- SP)/CP ) × 100
5 =( (CP - 540)/CP ) × 100
5/100 = ( (CP - 540)/CP )
1/20 = ( (CP - 540)/CP )
CP = 20 (CP - 540)
20 = 20CP - 10800
20CP - CP = 10800
19CP = 10800
CP = 10800/19
CP =₹ 568.42
Hence, the cost price of an item = ₹ 568.42
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S.P= ₹ 540, loss%=5%
Let the Cost price = C.P
Loss% =( loss/C.P) × 100
Loss% =( (CP- SP)/CP ) × 100
5 =( (CP - 540)/CP ) × 100
5/100 = ( (CP - 540)/CP )
1/20 = ( (CP - 540)/CP )
CP = 20 (CP - 540)
20 = 20CP - 10800
20CP - CP = 10800
19CP = 10800
CP = 10800/19
CP =₹ 568.42
Hence, the cost price of an item = ₹ 568.42
==================================================================
Hope this will help you....
Read more on Brainly.in - https://brainly.in/question/914814#readmore
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