Question

an item was sold for rupees 540 at a loss of 5% what was it cost price

Answer 1

Cost price=100/100-loss×S.P
C.P=100/95×540=Rupees 568.421053

Answer 2

Heya ☺

Given that

SP = ₹540

Loss = 5 %

CP = ?

Solution

CP = SP×100/100-Loss %

= 540×100/100-5

= 54,000/95

= ₹568.42 (approx)



Thanks