Question

$\huge\mathfrak\red{QUESTION}$
On selling an article for Rs. 651, there is a loss of 7%. The cost price of that article is​

Answer 1

Answer:

Your Answer is ₹700

Step-by-step explanation:

Kindly Refer the above attachment for explanation.

Hope It Helps You!

Answer 2

Given

Selling price of an article=₹651

Loss % =7

To Find

Cost price of an article

$\sf\huge\bold{\underline{\underline{{Solution}}}}$

We will apply formula to find out CP of an article:

$\sf \boxed{\bold{CP=\bigg[ \dfrac{100}{(100 - loss\%)} \times SP\bigg]}}$

$\sf\longmapsto {\bold{CP=\bigg[ \dfrac{100}{(100 - 7)} \times 651\bigg]}}$

$\sf\longmapsto {\bold{CP= \dfrac{100}{{ \cancel{93}}} \times { \cancel{651}}^7}}$

$\sf\longmapsto CP= 7 \times 100 = 700$

∴Cost price Of an article is ₹700.

Extra information=>

=>The cost at which an articles is purchased is called its cost price (CP)

=>The cost at which an articles sold is called its selling price (SP).

⋆If SP is greater than CP then it is profit or gain.

⋆If CP is greater than SP then it is loss.

IMPORTANT FORMULAE

Gain = (S.P.) - (C.P.)

Loss = (C.P.) - (S.P.)

Finding cost price when gain% is given

$\sf\boxed{\bold{ CP = \bigg [\dfrac{100}{(100 + Gain\%)} \bigg]\times SP}}$

$\sf\boxed{\bold{ SP=\bigg[\dfrac{(100+Gain\%)}{100}\times CP\bigg]}}$