When a car is sold for rupees 70400 there is a loss of 2% what would be the cost price of the car? (Step by Step )
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Answer:
71837(approx.)
Step-by-step explanation:
L%= (C.P-S.P)/C.P × 100,
2%= (C.P-70400)/C.P × 100,
2 C.P/100 = C.P-70400,
C.P/50 = C.P-70400,
70400 = C.P - C.P/50,
70400 = 50C.P/50 - C.P/50,
70400= 49C.P/50,
Therefore, C.P = 70400 × 50/49
C.P = 71837(approx.)
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