Question

by selling an article for rs 475 rahul lost 5 percent find cp of the article

Answer 1

SP=rs 475
lost %=5
Cp= 100/100-5 *475(SP)
100/95*475=500 rs

Answer 2

The cost price (cp) of the article is Rs. 500

Given : By selling an article for rs 475 rahul lost 5 percent.

To find : The cost price (cp) of the article.

Solution :

We can simply solve this mathematical problem by using the following mathematical process. (our goal is to calculate the cost price of the article)

Let, the cost price (cp) = Rs. x

Loss amount = x × 5/100 = Rs. x/20

Now, in case of a deal which has produces a loss :

Selling price = Cost price - Loss amount

By, putting the given values, we get :

Selling price = x - x/20 = Rs. 19x/20

According to the data mentioned in the question,

19x/20 = 475

x = 475 × 20/19

x = 500

Cost price of the article = Rs. 500

Hence, the cost price (cp) of the article is Rs. 500