if a man sells an article for Rs. 500 losing 1/5 of it's cost price. find his loss percent.
Answers
Answered by
8
Answer:
Rs=55
Step-by-step explanation:
Let the loss in the first case=Rs x by when the article is sold at Rs 500.
∴ Its C.P.=(500+x)...........(i)
In the second case The S.P.=Rs700 and he gains 3 times of Rs x.
∴Rs(700−500−x)=Rs 3x
Or 4x=200
Or x=Rs 50.
∴ From (i) the C.P.=Rs (500+50)=Rs 550.
So the cost price of the article =Rs 550.
Thanks
Answered by
0
Answer:
Time to get back
Step-by-step explanation:
Traffic on the road to work
Similar questions