Question

Item was sold for Rs 540 at a loss of 5% what is its cost price

Answer 1

$\boxed{\boxed{\boxed{\bold{\red{Solution :\longrightarrow}}}}}$

$\bold{Given,}$

$\bold{SP = Rs \: \: 540}$

$\bold{Loss = 5\%}$

$\bold{\underline{To \: \: find \: \: CP}}$

$\bold{We \: \: know \: \: that}$

$\bold{CP = \frac{100}{(100 - loss\%)} \times sp} \\ \\ \: \: \: \: \: \: \: \: \bold{=Rs[ \: \: \frac{100}{(100 - 5)} \times 540]} \\ \\ \: \: \: \: \: \: \: \: \bold{= Rs[ \: \: \frac{100}{95} \times 540]} \\ \\ \: \: \: \: \: \: \: \: \bold{= Rs \: \: 568.42} \: \: \: \bold\green{\boxed{\boxed{Ans}}}$