Question

selling price=468, loss=52, cost price=?, loss℅ = ?

Answer 1

The major formulas are as follows :

• PROFIT = S. P. - C. P. 

• LOSS = C. P. - S. P. 

• PROFIT% = (PROFIT/CP)×100

• LOSS% = (LOSS/CP)×100

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$\bold{\huge{SOLUTION \: :}}$

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GIVEN INFORMATIONS :

(1) S. P. = Rs. 468

(2) LOSS = Rs. 52



C. P. = LOSS + S. P.

= Rs. (468+52)

= Rs. 520

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LOSS % = ((LOSS/C. P.) × 100) %

= ((52/520)×100) %

= (100/10) %

= 10%