Question

Find the cost price,if Sp=1050 ,Loss=12.5%

Answer 1

selling price=1050

loss=12.5%

formula:

cost price=sp×100/100-l%
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _

cp=1050×100/100-12.5

cp=105000/87.5

cp=1200



hence,

cost price=1200

Answer 2

Selling Price = Rs 1050

Loss = 12.5%

Find the selling price percentage:

Selling Price = Cost Price - Loss

Selling Price = 100 - 12.5 = 87.5%

Find the cost price:

Selling Price = Rs 1050

Selling Price = 87.5%

87.5% = Rs 1050

1% = 1050 ÷ 87.5 = Rs 12

100% = 12 x 100 = Rs 1200

Answer: The cost price is Rs 1200