Question

The cost price of sports shoes sold for Rs3240 at a loss of 10 % is​

Answer 1

Answer:

CP=100%

3240=90%

CP=100×3240/90

CP=3600

Answer 2

The cost price is Rs. 3600

Given : The shoes sold for Rs. 3240 at a loss of 10%

To find : The cost price of the shoes.

Solution :

We can simply solve this mathematical problem by using the following mathematical process. (our goal is to calculate the cost price of the shoes)

Let, the cost price = Rs. x

Loss amount :

= Cost price × Loss percentage

= x × 10%

= x × 10/100

= x × 1/10

= Rs. x/10

Selling price :

= Cost price - Loss amount

= x - x/10

= (10x - x)/10

= Rs. 9x/10

According to the data mentioned in the question,

9x/10 = 3240

x = 3240 × 10/9

x = 3600

Cost price of the sport shoes = Rs. 3600

(This will be considered as the final result.)

Hence, the cost price is Rs. 3600