Question

Cost price when sp=657.5 and loss=4%

Answer 1

sp=657.75
loss=4%
cp=?
cp=sp×100-4/100

= 657.75×96/100

= now make the lowest ratio of 96/100=24/25


= now 657.96×24/25

= now divid the 25÷657.96=22.31

= and the multiply 22.31×24=535.44


hope it's helpu

Answer 2

$\textbf {Hey there, here is the solution.}$

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Selling price = $657.50 (Given)

Loss = 4% (Given)

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STEP 1: Form the equation:

100 - 4 = 96%

The item was sold at 96%

The item was sold at $657.50

96% = 657.50

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STEP 2: Find the cost price:

1% = 657.5 ÷ 96 = $6.845

100% - 6.845 x 100 = $684.50

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Answer: The cost price is $684.50

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⭐$\textbf {Cheers}$⭐