Question

If Selling price of an article is RS 2000 and sold it at a loss of 20%. What will be
the Cost Price?

Answer 1

Answer:

Cost Price is RS.2500.

Step-by-step explanation:

Suppose we take RS.2500 as Cost Price then selling price at a loss of 20% will be=2500-20%

=2000 rupees and hence answer is 2500 rupees is cost price.

please mark me brainliest.

Answer 2

Given that:

• An article is sold for 2000 at 20% loss.

To Find:

• What is the cost price of an article?

Formula used:

• CP = (SP × 100)/(100 - loss%)

Where,

• SP = Selling price
• CP = Cost price

Finding the cost price of an article:

ㅤ↠ㅤCP = (2000 × 100)/(100 - 20)

ㅤ↠ㅤCP = 200000/80

ㅤ↠ㅤCP = 2500

Hence,

• The cost price of an article is Rs. 2500.