Juhi sells a washing machine for rupees 13,500. She loses 20% in the bargain. What was the price at which she bought it?
Answers
Answer:
The Cost Price of the Washing Machine is Rupees 16,875
Step-by-step explanation:
Given:
Selling Price of the Washing Machine (S.P) = 13,500
Loss made on selling the washing machine = 20 %
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The percent she sold the washing machine was 100% - 20% = 80% of the Cost Price
Cost Price of the Washing Machine = 100/(100-loss%) × Selling Price
= 100 / 80 * 13,500
= 1350 * 10 / 8
= 1687.5 * 10
= Rupees 16,875
Therefore, the Cost Price of the Washing Machine is Rupees 16,875
SOLUTION:-
Given:
•Juhi sells a washing machine for Rs.13500.
•She losses 20% in the bargain.
To find:
The price at which she bought it.
Explanation:
- Selling price of Washing machine=Rs.13500
- Loss= 20%
Let the cost price of Washing machine be Rs.M
•Loss= Loss% of cost price
Loss= 20% of M
We know that, Loss= C.P. - S.P.
Selling price = Cost price - loss
Thus,
The cost price at which she bought Rs.16875.