Question

Q1.When a car is sold for rupees 36000, the loss is 10%. What is the cost price of the car?

Answer 1

Explanation:

Given:

A car with -

Selling Price = Rs. 36000.

Loss % = 10 %

What To Find:

We have to -

Find the cost price of a car.

Formula Needed:

The formula is -

$\bf CP = \dfrac{SP \times 100}{100 - Loss \: \%}$

Abbreviation Used:

CP = Cost Price

SP = Selling Price

Solution:

Using the formula,

$\sf \implies CP = \dfrac{SP \times 100}{100 - Loss \: \%}$

Substitute the values,

$\sf \implies CP = \dfrac{36000 \times 100}{100 - 10 \: \%}</p><p>$

Solve the numerator,

$\sf \implies CP = \dfrac{3600000}{100 - 10 \: \%}$

Solve the denominator,

$\sf \implies CP = \dfrac{3600000}{90}$

Divide 3600000 by 90,

$\sf \implies CP =40000$

Final Answer:

∴ Thus. the cost price of the car is Rs. 40000.