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John sold his T.V. set for Rs. 14100, lo...

John sold his T.V. set for Rs. 14100, losing 6%. For how much did he purchase it?

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To find out how much John purchased the T.V. set for, we can follow these steps: ### Step-by-Step Solution: 1. **Identify the Given Values:** - Selling Price (SP) = Rs. 14,100 - Loss Percentage = 6% 2. **Understand the Relationship:** - We know that when there is a loss, the relationship between Cost Price (CP), Selling Price (SP), and Loss Percentage can be expressed as: \[ CP = \frac{100}{100 - \text{Loss Percentage}} \times SP \] 3. **Substitute the Values:** - Substitute the given values into the formula: \[ CP = \frac{100}{100 - 6} \times 14,100 \] - Simplify the denominator: \[ CP = \frac{100}{94} \times 14,100 \] 4. **Calculate the Cost Price:** - Now, calculate: \[ CP = \frac{100 \times 14,100}{94} \] - First, calculate \(100 \times 14,100 = 1,410,000\). - Now divide by 94: \[ CP = \frac{1,410,000}{94} \approx 15,000 \] 5. **Conclusion:** - Therefore, the Cost Price (CP) of the T.V. set is Rs. 15,000. ### Final Answer: John purchased the T.V. set for Rs. 15,000. ---
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ICSE-PROFIT AND LOSS -EXERCISE 10
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  2. Ankita bought a mobile phone for Rs. 2350 and sold it for Rs. 2538. Fi...

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  3. Ayush bought a bicycle for Rs. 6250 and had to sell it for Rs. 5875. F...

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  4. Aman bought a computer for Rs. 24000 and its accessories pack worth fo...

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  5. A man bought a refrigerator for Rs. 35615 and paid Rs. 125 on its tra...

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  6. By selling a bicycle for Rs. 5670 a trader gains Rs. 270. Find his gai...

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  7. By selling a chair for Rs. 1410 a carpenter suffers a loss of Rs. 90. ...

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  8. A fruit-seller bought bananas at the rate of 3 for Rs. 8 and sold them...

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  9. Lemons are bought at the rate of 3 for Rs. 4. At what rate must they b...

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  10. The selling price of 12 pens is equal to the cost price of 14 pens. Fi...

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  11. The cost price of 12 oranges is equal to the selling price of 15 orang...

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  12. Vinay sold a plot of land for Rs. 143000, gaining 4%. For how much did...

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  13. John sold his T.V. set for Rs. 14100, losing 6%. For how much did he p...

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  14. On selling a bed for Rs. 10800, a carpenter loses 10%. For what amount...

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  15. On selling an almirah for Rs. 20350, a man gains 10%. What per cent do...

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  16. On selling a fan for Rs. 4700, a shopkeeper loses 6%. At what price mu...

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  17. Kamal sold two scooters for Rs. 19800 each, gaining 10% on the one and...

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  18. A buys an article for Rs. 650 and sells it to B at a profit of 20%. B ...

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