what will be the cost pirce of an item if it is sold for Rs . 187 after a loss 15percentage . with explanation and formula
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Answer:
Here,
S. P. = Rs. 187
L % = 15
C. P. = ?
Now,
C. P. = S. P. * 100/ 100 - L %
= 187 * 100 / 100 - 15
= 18700 / 85
= Rs. 220
Step-by-step explanation:
Selling Price is Rs. 187 and Loss % is 15
and c.p. Is not given so, we have to find out the
Cost price ( c.p.).
Now, put the formula of c.p. where s.p. and loss% is given. That is, C. P. = S. P.*100 / 100 - L%
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