Answered

An umbrella was sold at Rs.72,incurring a loss of 10%.What is its cost price?

Answer :

s.p =rs.72

loss%= 10%

cp in terms of 100=100

sp=90

in real situation cp= x

sp=72

cross multiply and u will get the answer






let CP = x
loss% = loss * 100/ CP
10 = loss*100/x
x = 10*loss
loss = x/10
SP = CP - loss
72 = x - x/10
72 = (10x-x)/10
72*10 = 9x
x = 80
hence CP = Rs.80

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