Question

by selling a chair of rs. 500 , raman loses 10%. find its cpst price.






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Answer 1

Answer:let the cp be x

Formula=sp×100/100-loss

Step-by-step explanation:

=500×100/100-10

=500×100/90

=500×10/9

=622.2

Answer 2

Answer:

The Cost price of the article is Rs. 555.5 (Approx).

Step-by-step explanation:

Given :

Selling Price = Rs. 500

Loss % = 10 %

To find :

Cost Price

Solution :

Here :

• CP = ??
• SP = 500
• Loss % = 10%

$\bigstar{\boxed{\sf\:{CP = \frac{100}{(100 - loss\%)} \times SP}}}$

$\sf{\implies}\:{CP = \dfrac{100}{(100 - loss\%)} \times SP} \\ \\ \sf{\implies}\:{CP = \dfrac{100}{(100 - 10)} \times 500} \\ \\\sf{\implies}\:{CP = \frac{100}{90} \times 500} \\ \\ \sf{\implies}\:{CP = \frac{50000}{90}} \\ \\ \sf{\implies}\:{CP = 555.5 \: (approx)}$

Cost Price = Rs. 555.5

$\therefore$ The Cost price of the article is Rs. 555.5 (Approx).