Question

SP= ₹700 loss =20% find cp​

Answer 1

SP = ₹700, LOSS = 20%

$cp \: = \: \frac{100}{100 - loss\%} \times sp$

so,

$\frac{100}{100 - 20} \times 700 \\ = \frac{100}{80} \times 700 \\ = \frac{100 \times 70}{8} \\ = \frac{100 \times 35}{4} \\ = \frac{25 \times 35}{1} \\ = 25 \times 35 \\ = 875$

So, the CP Is ₹ 875

Hope this helps you.

Answer 2

Answer:

The cost price is ₹ 875.

Step-by-step explanation:

In context to questions asked

We have to determine the cost price,

Given that,

Selling Price = ₹ 700,

Loss % = 20%

The formula to be used for calculating C.P

=> $C.P = \frac{100}{100 - loss \%} \times C.P$

Now, plug the values in the formula:

=> $C.P = \frac{100}{100 - 20\%} \times 700$

Simplifying it further, we get

=> $C.P = \frac{100}{80} \times 700$

=> $C.P = \frac{5}{4} \times 700$

=> $C.P= 875$

Hence, the required C.P is ₹ 875.