Question

Sony sold a washing machine at a loss of 2400 which is 1/6 of its cost price

Answer 1

total cost price is 12000

Answer 2

The selling price is Rs. 12000.

Step-by-step explanation:

When an object is bought at a certain amount buy a buyer, the amount at which the object is bought is known as the cost price of the object. The amount of money at which the object is sold is called selling price of the object. If the selling price of the object is lesser than the cost price of the object, loss is achieved and the loss is found out by subtracting the selling price of the object from the cost price of the object.

According to the given information, Sony sold a washing machine at a loss of 2400 which is 1/6 of its cost price. We need to find the selling price of the washing machine.

Now, the loss  = 2400 and let the cost price be Rs. x.

Then, according to the problem, we get that,

2400 = $\frac{x}{6}$.

Then, x = 14400.

Then, we know that, the loss is equal to cost price minus the selling price.

Thus, loss = cost price - selling price,

Then, Selling price = cost price - loss

Or, Selling price = 14400 - 2400 = 12000.

Thus, the selling price is Rs. 12000.

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