the selling price of an item if the cp = ₹130 and loss= 20%
Answers
Answered by
1
Answer:
Let the Cost Price (CP) = ₹100
Profit % = 25%
So the value of Cost Price after profit becomes 125%.
Selling price(SP) = ₹130.
We can say that the value of SP is 125% of CP, right?
So
= (130/125)*100
= 26 x 4
= 104 (CP)
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Answered by
0
Answer:
The selling price of the item is ₹ 70
Step-by-step explanation:
Here we have been mentioned that the cost price of the item is ₹ 300 and the loss that has been occurred is 20 percent on the cost price. We have to find the respective selling price of the item.
Loss = CP - SP
Loss = 20% of ₹ 300
= × 300
= ₹ 60
Therefore the loss amount is ₹ 60
Hence SP = CP - Loss
∴ SP = ₹ 130 - ₹ 60
= ₹ 70
Therefore the selling price of the item is ₹ 70
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