Question

Juhi sells a washing machine for rs 13,500. She loses 20% in the bargain. What is the price at which she bought the washing machine? ( show me steps )

Answer 1

80% of CP = 13500

CP = 13500 x 100 / 80 = 16875 is the correct answer

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Answer 2

From the question, it is given that

Selling price of washing machine = ₹ 13500

Percentage of loss = 20%

Now, we have to find the cost price washing machine

By using the formula, we have:

CP = ₹ {(100/ (100 – loss %)) × SP}

= {(100/ (100 – 20)) × 13500}

= {(100/ 80) × 13500}

= {1350000/80}

= {135000/8}

= ₹ 16875