Question

. Find the cost price, when :

selling price = ₹1296, loss = 4%.
​

Answer 1

Cost Price = ₹1350

Step-by-step explanation:

GIVEN

Selling Price = ₹1296

Loss = 4%

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To Find

Cost Price

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We know that,

Cost Price = ( Selling Price × 100 ) / ( 100 - Loss )

Cost Price = ( 1296 × 100 ) / ( 100 - 4 )

Cost Price = 129600 / 96

Cost Price = 1350

Cost Price = ₹1350

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Important

If the profit percent is given

Then,

Cost Price = ( Selling Price × 100 ) / ( 100 + Profit )

If the loss percent is given

Then,

Cost Price = ( Selling Price × 100 ) / ( 100 - loss )

Answer 2

Step-by-step explanation:

SP=₹1296

LOSS = 4%

CP= 100/100-LOSS % * SP

CP=100/96*1296

CP=1350