Question

$\huge \sf \blue{QUESTION:}$
By selling a wooden table for ₹12,512, a shopkeeper incurs a loss of 8%. Find the cost price of the wooden table.

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Answer 1

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➦ Given :

➸ Selling Price of wooden table = ₹12,512

➸ Loss incurs by shopkeeper on watch = 8 %

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➦ To Find :

➸ Cost price of That wooden Table

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➦ We know That :

$\sf➜ {Cost \: Price = \frac{selling \: price \: \times 100}{100 - loss \: \%} }$

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➦ Now

➸ Place all the given values in above formula

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➦ Explantion

$\sf➜ {Cost \: Price = \frac{12,512 \times 100}{100 - 8 \: \%} }$

$\sf➜ {Cost \: Price = \frac{12,512 \times 100}{92}}$

➸ When we divide 92 by 12,512 we get 136

$\sf➜ {Cost \: Price = \frac{ \cancel{12,512 }\times 100}{ \cancel{92}}}$

$\sf➜ {Cost \: Price =136 \times 100}$

$\bf➠{ \: Cost \: Price = 13600} \: Rs$

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➦Therefore

➸ The cost price of Wooden table is ₹ 13600

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Answer 2

$\dag\rm \: \red{Given :-}$

• Selling price of a wooden table = Rs. 12,512
• Loss percent = 8%

$\dag\rm\: \pink{To \: Find :-}$

• Cost price of the table

$\dag\rm \: \green{Formula \: used :-}$

$\boxed {\sf\orange\bigstar \: \purple{ Cost \: price = \frac{selling \: price \times 100}{100 - loss\%} }}$

$\dag\rm \: \gray{Solution :-}$

For obtaining our answer, we will put the given values in the formula of cost price (in the section of formula used).

So, putting the values, we get,

$\sf \leadsto \: cost \: price = \frac{12512 \times 100}{100 - 8\%} \: \: \: \: \: \: \: \: \: \: \\ \sf \leadsto \: cost \: price = \frac{1251200}{92} \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \:\\\sf \leadsto \: cost \: price = \frac{ \cancel{1251200}}{ \cancel{92}} = 13600\\ \sf \leadsto \: cost \: price = 13600 \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \:$

$\sf \blue{\therefore Cost \: price = Rs. 13,600}$