Question

Ramesh sell a bike of 70000 and he loss%is 12.5% .what is cost price of bike

Answer 1

let original price=x
he loss 12.5% of cost price
selling price is 70000
thus,
[x- 12.5x/100]= 70000
87.5x=70000*100
x=70000*100/87.5
x=80000