Question

if selling an article for₹820 causes 10% loss on the selling price,then find it's cost price​

Answer 1

Question :- If the selling price of an article is ₹820 and it causes 10% loss on the selling price,then find it's cost price.

Solution:-

Given that selling price (SP) = ₹ 820

Loss % = 10 %

As per Formula SP is equal to⬇️

∴CP × 100-L% /100

Substituting in Formula :- We get,

820 = CP × $\frac{100-10}{100}$

CP = $\frac{820× 100}{90}$ = 911

∴So, It's Cost Price is Rs. 911.

Answer 2

Before, we find the answer. Let's see on we can find the answer.

• x% of x price = Loss/ Profit

Formula for Cost price =

S.P + x price = C.P

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Given :

Selling price = Rs. 820

Loss = 10%

To find :

Cost price

Solution :

10% of 820 = 82

[tex]\sf \: c.p \: = sp + loss[/tex]

[tex]\sf \: c.p = 820 + 82rs. \: 902 [/tex]

Hence, the cost price of the article is Rs. 920

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KNOW MORE :

C.P - Cost price

Cost price is the price at which the product is brought.

S.P - Selling price

Selling price is the price at which the product is sold.