Question

If a cycle is sold at a loss of 10% if sp is 1860 what is the cost price

Answer 1

Answer:

1674

Step-by-step explanation:

The loss is (1860×10%)=186

So, the cost price is {1860-(1860×10%)}=(1860-186)=1674

Answer 2

If a cycle is sold at a loss of 10% if SP is 1860 then the cost price is Rs 2067

Solution:

Cycle is sold at a loss of 10% whose Selling price is Rs 1860

To find : cost price of cycle

The formula for cost price when loss percentage is given:

$\text { cost Price }=\frac{100}{100-\text {loss} \%} \times \text { Selling Price }$

Substituting loss = 10% and selling price = 1860, we get

$\begin{array}{l}{\text { cost Price }=\frac{100}{100-10} \times 1860} \\\\ {=\frac{100}{90} \times 1860=2066.66}\end{array}$

Hence the cost price will be approximately Rs 2067

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