Question

By selling a toy for Rs.150, a shop owner lost 1/16 th of what it cost to him. What is the C.P. of toy?

Answer 1

your ans is cp 16 is your answer

Answer 2

Answer:

Rs.160

Step-by-step explanation:

SP of 1 toy = rs.150

Let the cost price of 1 toy be x

Loss = $\frac{1}{16}x$

SP = CP-Loss

SP =  $x-\frac{1}{16}x$

$150=x-\frac{1}{16}x$

$x=160$

Hence the cost price of 1 toy is Rs.160