please answer and also explain
On selling an article for Rs 329, a dealer lost 6%. Then the cost price of the article is
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Answered by
1
Answer
Step-by-step explanation:
●cost price of article = Rs 350
❁Let say cost price of article = x Rs
Dealer lost = 6 %
❁6 % loss = (6/100) x = 0.06x Rs
Selling price of article by dealer = cost Price - Loss
※= x - 0.06x
※= 0.94x Rs
Selling price given in question = rs 329
- 0.94 x = 329
- x = 329/0.94
- x = 350
❀cost price of article was Rs 350
●Loss = 0.06x = 0.06*350 = Rs 21
●Selling price = 350 -21 = Rs 329
_____________________________
❀cost price of article = Rs 350
Answered by
1
Answer:
Selling price = Rs. 329
Loss % = 6 %
Cost price = ?
According to the question ,
Loss = 6 × 329 / 100
= 1974/100
= 19.74
So , the loss of the dealer is = ₹ 19.74
We have to find cost price of article by using formula :
Cost price = selling price + loss
= 329 + 19.74
= 348.74
So , the cost price of the article is ₹ 348.74
The cost price (round off) = Rs. 349
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