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q45 .. An item was sold …

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q45 .. An item was sold for ₹540 at a loss of 5 % what was its CP.

Posted by Rudra Chetariya 4 years, 10 months ago

CBSE > Class 07 > Mathematics

1 answers

Yogita Ingle 4 years, 10 months ago

Let the Cost price = C.P

Loss% =( loss/C.P) × 100

Loss% =( (CP- SP)/CP ) × 100

5 =( (CP - 540)/CP ) × 100

5/100 = ( (CP - 540)/CP )

1/20 = ( (CP - 540)/CP )

CP = 20 (CP - 540)

20 = 20CP - 10800

20CP - CP = 10800

19CP = 10800

CP = 10800/19

CP =₹ 568.42

Hence, the cost price of an item = ₹ 568.42

ANSWER

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