An article was sold for Rs. 415 at a loss of 17%. What would have been the cost price?

Question

asked Mar 17, 2023 132k views

1 Answer

Wprater · Answer 1 · 2023-03-21T11:32:30+0000

Answer:

₹ 500

Explanation:

To find the cost price when selling price and loss percentage is given, use the below mentioned formula:

$\sf \boxed{Cost \ price =(Selling \ Price *100)/((100 - loss \%))}$

$\sf = (415 * 100)/(100-17)\\\\=(415*100)/(83)\\\\= 5 *100$

= ₹ 500