by selling a refrigeretor for 5875,Mrs thapa lost 225 . Find the price Mrs thapa had paid for the refrigerator .
Answers
Answer:
6100 Becuase Cp-Sp+loss ⊂(・▽・⊂)
Given:
Selling Price (S.P.) of refrigerator = ₹5,875
Loss incurred = ₹225
To find:
Cost Price (C.P.) of refrigerator.
Solution:
We know that,
Loss = C.P. - S.P.
(Since when we have a loss, C.P. is greater than S.P.)
225 = C.P. - 5,875
225+5,875 = C.P.
₹6,100 = C.P.
Verification:
Now we now that C.P. of refrigerator is of ₹6,100.
So,
Loss = C.P. - S.P.
225 = 6,100-5,875
225 = 225
LHS = RHS
Hence Verified!
Final answer:
The Cost Price of refrigerator is ₹6,100.
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⭐MORE TO KNOW
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What is Cost Price (C.P.)?
This is the price at which an article is purchased.
What is Selling Price (S.P.)?
This is the price at which an article is sold off.
If,
☆C.P.>S.P.
then it is a loss.
☆C.P.<S.P.
then it is a profit/gain.
☆C.P.=S.P.
then it is neither a loss nor a profit.