When an article is sold at 770 the loss is 12 1/2 % find the cost price of an article
Answers
Answered by
1
Answer:
please mark it as a brainliest answer
Attachments:
Answered by
1
cost price of the article is 880 Rs.
it is given, selling price = 770 Rs.
percentage loss = 12 1/2% = 25/2 %
we know , cost price = selling price + loss
= 770 + 25/2 % of cost price
= 770 + 25/2 × 1/100 cost price
= 770 + 1/8 cost price
⇒cost price - 1/8 cost price = 770
⇒7/8 cost price = 770
⇒cost price = 770 × 8/7 = 880
hence, cost price of an article is 880 Rs.
also read similar questions : An article is sold for Rs. 480. if the profit is one - fifth of its cost price, then find the cost price.
https://brainly.in/question/12526407
a man sold a fridge for Rupees 6251 and lost 1 by 20 of the cost price find the cost price
https://brainly.in/question/1589822
Similar questions