Question

If a seller reduces the selling price of an item for rs 400 to 380,his loss increases by 2•|•.what is the cost price of them?

Answer 1

Answer:

1000

Step-by-step explanation:

Let Cp=100%

400 to 380

Difference =20 nd 2%loss

So

20=2%

So here we have to make 100

20×50=2%×50

1000=100%

Answer 2

The cost price is Rs.1400

Step-by-step explanation:

Let Cp=x

Case 1:

SP = 400

Loss = CP - SP = x-400

Case 2:

A seller reduces the selling price of an item for rs 400 to 380.his loss increases by 2%.Now New Sp = 380

So, New loss = (x-400)+2\%(x-400)=(x-400)+0.02(x-400)=1.02x-408

So, CP = SP+Loss = 1.02x-28

We assumed CP be x initially

So, $x=1.02x-28\\28=0.02x\\\frac{28}{0.02}=x\\1400=x$

Hence The cost price is Rs.1400

#Learn more:

Find the selling price when cost price is equal to rupees 380 and loss is equal to 7.5%

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