Question

Niraj incurred a loss 55% selling on a article for Rs 9549,what was the cost price of the article

Answer 1

Let the cost price of article = Rs X
Selling price of article = Rs 9549
Loss % = 55 %
Therefore, Cp - loss = sp
X - 55X/ 100 = 9549
(100X - 55X) / 100 = 9549
45X= 954900
X = 954900 / 45
X = 21220
Therefore, the cost price of article = Rs 21220