Question

By selling an article for Rs.704; a person loses 12%. Find his cost price and the loss.

Answer 1

$<b><u>Heya mate!!! Here's your solution</u>$
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$\huge{Given}$

The selling price of an article, after facing a loss of 12% is 704 Rs.

$\huge{To\: Find}$

(1) The Cost Price (C.P.) of the article

(2) The loss suffered on the article

$\huge{Solution}$

Selling price (S.P.) = 704 Rs.

Loss % = 12 %
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Then,

C.P.

= (100 × S.P.) ÷ (100 - loss%)

= (100×704)/(100-12%)

= 70400/88

= 800

Hence, the cost price of the article is 800 Rs.
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Now,

Loss

= C.P. - S.P.

= 800 - 704

= 96 Rs.
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$\mathcal{\blue{Finally,}}$

Your answers are -

$\bold{\boxed{\pink{\mathcal{(1)\:=\: 800\: Rs.}}}}$
$\bold{\boxed{\green{\mathcal{(2)\:=\:96\: Rs.}}}}$
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$\huge{\red{\bold{\mathfrak{Thank\: you}}}}$

Answer 2

answer: SP =$704

loss%=12

CP =100/100-loss% *SP

CP=100-12 *704

CP=800

Now,

loss= CP -SP

loss=800 - 704

loss=96

I wish that I help you