Question

Kiran sells a washing machine for Rs.13500 and he loses 20%. What was the price at which he bought?​

Answer 1

Answer - The selling price of washing machine = Rs. 13500

Loss percent = 20%

Let the cost price of the washing machine be Rs. x.

Loss = Loss% of C.P.

⇒ Loss = 20% of Rs. x = 20/100 * x = x/5

Therefore, S.P. = C.P. – Loss

13500 = x− x/5

13500 = 4x/5

x = 13500 * 5/4 = Rs. 16,875