Question

By selling a wooden table at a loss of 20 per cent , shopkeeper makes a loss of ₹90 find its (1) selling price (2) cost price

Answer 1

Let the selling price be X Rs.

here lost percentage=20% and loss= 90 Rs

then loss = X *20/100

then 90= X*1/5

Therefore X=90*5

hence, X= 450Rs

cheers.

Answer 2

Let the cost price be x.

Therefore, 20% loss on x = Rs 90

x = 90 x 100 / 20

= Rs 450

SP = x - 20x / 100

= x - 2x / 10

= (10 x - 2x) / 10

= 8x / 10

= 8 x 450 / 10

= Rs 360