the cost price of a machine is rupees 180. it was sold at the loss of 10 % . it sale Price is
Answers
Answered by
22
Step-by-step explanation:
sp= 180*90/100= 162
hope it helps
Answered by
6
Answer:
Let the cost price be “X”
& Profit be “0.1X”
So, Selling Price =X+0.1X=1.1X
Revised Selling price = (1.1X-40)
loss of 10%=( 0.9X-X)= -0.1X
Now as per the question stated:
Revised selling price -Cost price= loss of 10% i.e.,
[(1.1X-40)-X]= -0.1X
0.1X+0.1X=40
X=40/0.2=200
NOW YOU CAN CHECK THE EQUATION
BY PUTTING VALUE OF “X” WHICH GOES LIKE THIS:
[{(1.1 x 200)-40}-200]= (-0.1x200)
[{220-40}-200]=-20
[180-200]= -20
-20 =-20
implying that
LHS=RHS
THUS THE COST PRICE IS RS 200 & ORIGINAL SELLING PRICE IS 220.
BUT IF YOU SELL THE PRODUCT AT ITS
REVISED SELLING PRICE THAT IS RS 180
THEN YOU SUFFER THE LOSS OF RS 20
ONLY.
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