Question

if the SP of a product is ₹1530 and the loss is 10%. what is the CP of the product​

Answer 1

✬ C.P = Rs 1700 ✬

Step-by-step explanation:

Given:

• Selling Price of a product is Rs 1530.
• Loss percent is 10 %.

To Find:

• What is the Cost Price of product ?

Solution: Here, we have S.P & Loss %. To find the Cost Price when S.P and Loss % are given we use the formula :-

★ C.P = (100 $\times$ S.P) / (100 – Loss %) ★

Put the values on formula

$\implies{\rm }$ C.P = ( 100 $\times$ 1530 ) / ( 100 – 10 )

$\implies{\rm }$ C.P = ( 153000/90 )

$\implies{\rm }$ C.P = Rs 1700

Hence, the C.P of the product is Rs 1700.

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★ Let's Check ★

➨ Loss = C.P – S.P

• Loss = (1700–1530) = Rs 170

➨ Loss % = (Loss/C.P $\times$ 100) %

• Loss % = 10 %

➮ 10 % = (170/1700 $\times$ 100) %

➮ 10 % = (17000/1700) %

➮ 10 % = 10 %

[ Verified ]