Question

By selling a chair for Rs 450, Anil loses Rs. 50. Then the C.P.

Answer 1

Answer:

500 rupees

loss = cp - sp

so cp = sp +loss

cp = 450 + 50 = 500

Answer 2

Answer:

Cost Price (C.P.) = Rs.500

Step-by-step explanation:

Step 1 of 2:

If the Selling Price < Cost Price, you have a loss, and the difference between the two prices is referred to as the loss.

Loss = Cost Price – Selling Price

Loss = C.P. – S.P.

Step 2 of 2:

From given question;

Loss = Rs. 50; S.P. = Rs. 450

Let the cost price be $x$;

C.P. = $x$

Now use the formula.

Loss = C.P. – S.P.

50 = $x$ – 450

Solve for $x$.

$x=50+450\\x=500$

So the cost price is Rs.500.