Question

By selling an article 10 cycles for 960 a man incurr a loss of 4% what was the cost price of the article?

Answer 1

Answer:

the cost price of the article was...rs1000

Step-by-step explanation:

1000

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Answer 2

he sold 10 articles for rs 960

s.p = 960

loss % = 4

c.p = s.p + loss

c.p = 960 + 4/100 (c.p)

c.p = 960 + 0.04 c.p

c.p - 0.04 c.p = 960

0.96 c.p = 960

c.p = 960 / 0.96

c.p = 96000 / 96

c.p = 1000

Ans : cost price of the article is rs 1000