Question

S man incurs a loss of Rs. 45 by selling an article of Rs. 120 . Find cost price of article for the man​

Answer 1

Cost price of article for the man is ₹165

Step-by-step explanation:

GIVEN

Selling price = ₹45

Loss = ₹45

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To Find

Cost price of article for the man

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We know that,

Loss = Cost price - selling price

45 = x - 120

x = 120 + 45

x = 165

Cost price = 165

Cost price of article for the man is ₹165

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Important

If the cost price and selling price is given and we have to find loss

Then,

Loss = cost price - selling price

If the Loss and selling price is given and we have to find cost price

If the cost price and selling price is given and we have to find profit

Then,

Profit = cost price + selling price

Then,

Cost price = Selling price + loss

If the Profit and selling price is given and we have to find cost price

Cost price = Selling price - profit

If the Loss and cost price is given and we have to find selling price

Then,

Selling price = Cost price - loss

If the Profit and cost price is given and we have to find selling price

Then,

Selling price = Cost price + profit