Question

by selling an article fo rs 560 . shopkeeper suffered the loss of 10% . find the cost price of it.

Answer 1

S.P =560 ,

loss=10%,

then

90% of C.P = S.P,

90/100 × C.P =560,

9/10 × C.P = 560,


then

C.P = 560×10/9,

C.P = 622.22

Answer 2

selling price = rs.560

loss = 10%

cost price = 100*selling price / 100-l%

=> 100*560/100-10

=>622 1/5

therefore the cost price = Rs.622 1/5