Question

selling price is 5oo and loss is 20% what is cost price. full mathoad

Answer 1

sp= 500
loss=20%
let the cp be x
gain=20/100*x= x/5
x - x/5= 500
4x/5=500
4x=500*5=2500
x= 2500/4= 625
so cp is ₹625 pls mark it brainliest or follw me and be brainly

Answer 2

Selling Price = Rs 500

Loss = 20%

Therefore,
Loss =
$\frac{20}{100} \times 500 = 100$
Cost Price = Selling Price + Loss
500 + 100
600
Therefore, Cost price is Rs 600