Question

i) A farmer sell his product at a loss of 8%. If his Sell Price is Rs.27600, what is his actual loss? What is his cost price?

Answer 1

Loss=8%
SP= Rs.27600
CP= SP×100/(100-loss%)
CP=27600×100/(100-8)
CP=2760000/92
CP=Rs.30000
So, cost price is Rs30000.
Loss=Cost price - Selling price
Loss=30000-27600
Loss=Rs.2400
So, Cost price is Rs.30000 and actual loss is Rs.2400.
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Answer 2

please see the attachment. If possible please mark my answer as the brainliest.