Question

if 14 % loss is incurred by selling clock for 301 rupees , then it's cost price is​

Answer 1

Let the cost price of the watch = Rs.x

The loss on it =14% of x = 100/ 14×x = 100 /14x

Selling price of the watch =Cost price−Loss

⇒ 301=x− 100/14x

301 = 100x-14x/100

301= 100/86x

301×100\86 =x

350=x

Therefore the cost price of the watch = Rs.350.