Question

Q9. If S.P. of an article is Rs.160 and it is sold at a loss of 20%, find the C.P. *

Answer 1

Answer:

CP is Rs192.

Step-by-step explanation:

We will use the formula as:

SP(selling price) = CP(cost price) - loss

Here, the selling price is given i.e., Rs160.

It is sold at a loss of 20%.

So, 20% of 160 is: 160×20÷100=32

Loss=32

Putting the values in formula:

160=CP-32

CP=160+32

CP=192

Hence, the cost price of the is Rs192.