Question

If the Selling Price of a painting is 924, and the loss is 20% what is the Cost Price? ​

Answer 1

Answer:

The answer is 1068.20

Step-by-step explanation:

SP = 924

LOSS PERCENT = 20%

CP = 924+ 924*20/100

= 924+144.2

= 1068.2

Answer 2

$\red{\underline{\underline{Answer:}}}$

$\sf{Cost \ price \ is \ Rs \ 1155.}$

$\sf\orange{Given:}$

$\sf{\implies{Selling \ price= Rs \ 924}}$

$\sf{\implies{Loss \ percent=20\%}}$

$\sf\pink{To \ find:}$

$\sf{Cost \ price.}$

$\sf{\underline{\underline{Solution:}}}$

$\sf{Let \ the \ cost \ price \ be \ Rs \ x}$

$\sf{Loss=20\% \ of \ x}$

$\sf{\therefore{Loss=\frac{20}{100}\times \ x}}$

$\sf{\therefore{Loss=\frac{20x}{100}}}$

$\sf{Selling \ price=cost \ price \ - \ loss}$

$\sf{924=x-\frac{20x}{100}}$

$\sf{924=\frac{100x-20x}{100}}$

$\sf{80x=92400}$

$\sf{x=\frac{92400}{80}}$

$\sf{x=1155}$

$\sf\purple{\tt{\therefore{Cost \ price \ is \ Rs \ 1155.}}}$