Question

By selling a T. V. For rupees 8000,a shopkeeper loss 20 percentage of his cost.what will be a cost price

Answer 1

Hello there!

SP = Rs. 8000

Loss % = 20%

Therefore, $SP = \dfrac{100\%-Loss\%}{100\%}\times CP$

$SP = \dfrac{100\%-20\%}{100\%}\times CP$

$SP = \dfrac{80\%}{100\%}\times CP$

$SP = \dfrac{4}{5}\times CP$

$8000 = \dfrac{4}{5}\times CP$

$8000 \times \dfrac{5}{4} = CP$

$2000 \times 5 = CP$

$10,000 = CP$

$CP = 10,000$

Therefore, the original price was ₹10,000.

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