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Find the cost price of an article which ...

Find the cost price of an article which is sold for Rs. 220 at a loss of 12%.

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To find the cost price of an article sold at a loss, we can use the following formula: \[ \text{Cost Price (CP)} = \frac{100}{100 - \text{Loss Percentage}} \times \text{Selling Price (SP)} \] ### Step-by-Step Solution: 1. **Identify the given values**: - Selling Price (SP) = Rs. 220 - Loss Percentage = 12% 2. **Substitute the values into the formula**: \[ \text{CP} = \frac{100}{100 - 12} \times 220 \] 3. **Calculate the denominator**: \[ 100 - 12 = 88 \] So, we can rewrite the formula as: \[ \text{CP} = \frac{100}{88} \times 220 \] 4. **Simplify the fraction**: \[ \frac{100}{88} = \frac{25}{22} \] Therefore, the formula now looks like: \[ \text{CP} = \frac{25}{22} \times 220 \] 5. **Calculate the multiplication**: \[ \text{CP} = 25 \times 10 = 250 \] 6. **Conclusion**: The cost price of the article is Rs. 250. ### Final Answer: The cost price of the article is Rs. 250.
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ARIHANT SSC-PROFIT, LOSS AND DISCOUNT-EXERCISE (LEVEL 2)
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  4. When a bicycle manufacture reduced its selling price by 50%, the numbe...

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  5. A trader marks his good such that he can make 32% profit after giving ...

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  6. . A retailer bought 3850 linc pens and 1848 cello pens at the same pri...

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  7. The ratio of selling price of 3 articles A, B, C is 8 : 9 : 5 and rati...

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  8. Anna sold his car to Boney at a profit of 20% and Boney sold it to Cha...

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  9. In an office the-number of employes reduces in the ratio of 3:2 and th...

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  10. I asked the shopkeeper the price of a wrist watch. I found that I had ...

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  11. A and B are two parthners and they have invested Rs. 54,000 and Rs.90...

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  12. A trader sells goods to a customer at a profit of k% over the cost pri...

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  13. A trader sells two brands of petrol, one is Extra Premium (EP) and oth...

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  14. A,B and C invest in the ratio of 3: 4: 5. The percentage of return on ...

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  15. Ajay bought a motor cycle for ₹ 50,000.2 years later he soldit to bijo...

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  16. Kamal bought a house in Sushant city, whose sale price was ₹ 8 lakh. H...

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  17. I wanted to purchase 10 chairs for the class room whose cost was ₹ 200...

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  18. The cost of servicing of a maruti car at Maruti care Pvt. Ltd. is ₹ 40...

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  19. The cost price of an article is C and the selling price of the same ar...

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  20. C.P. of 12 oranges is equal to S.P. of 9 oranges and discount of 10 or...

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  21. A car mechanic purchased four old cars for ₹ 1 lakh. He spent total 2....

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