Question

If the selling price of a product is Rs.182 and it was sold at 30% loss , what was the cost price.
PLEASE ANSWER FAST ​

Answer 1

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Answer 2

Step-by-step explanation:

Let the Cost Price (CP) = ₹100

Profit % = 25%

So the value of Cost Price after profit becomes 125%.

Selling price(SP) = ₹130.

We can say that the value of SP is 125% of CP, right?

So

= (130/125)*100

= 26 x 4

= 104 (CP)

Now new SP = ₹182.

The difference between the new SP and CP is

= 182 - 104

= ₹ 78

Profit percentage

= (78/104) x 100

= 75% answer.