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Answer:
1-693 selling price is given and loss is given find out 10% of 630 i. e 63 then 630+63 gives you 693
Answer:
Hey There!
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Note : C.P = Cost Price
S.P = Selling Price.
We know the formula ,
Loss% = \frac{Loss\times100}{C.P}
C.P
Loss×100
. ..(i)
C.P = \frac{100}{100-Loss\%}
100−Loss%
100
× S.P. ...(ii)
According to the Question,
S.P = ₹630
Loss\% = 10\%Loss%=10%
Putting values in Formula (ii) ,
C.P = \frac{100}{100-10} × 630
100−10
100
×630
C.P = \frac {\cancel{100}}{\cancel{90}}\times630
90
100
×630
C.P = \frac{10}{\cancel{9}}\times{\cancel{630}}
9
10
×
630
C.P = 10\times70C.P=10×70
Therefore, C.P = 700
Therefore, Cost Price of article = ₹700
We can hence, Easily find out cost price of article .
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