Julie sells a washing machine and loses 20% in the bargain. What was the selling price of the washing machine if the cost price was ₹ 24000?
a) ₹ 23500 b) ₹ 16000 c) ₹ 19200 d) ₹ 22000
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Answered by
1
Answer:
The cost of washing machine = ₹ 24000
She got 20% loss in the bargain
20% loss of ₹ 24000 = 4800
It means
The selling price is ₹ 19200
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Answered by
2
Answer:
Solution:
Let us assume the cost price of the washing machine = Rs. 100
Loss is given as 20% of cost price = Rs. 20
So, the selling price will be = Cost price - loss
= 100 - 20
= Rs. 80
Using the unitary method.
If the selling price is Rs. 80, the cost price = Rs.100
Thus, if the selling price is Rs.13,500
The cost price = (100/80) × 13500
= Rs.16,875
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