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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 (CP) of an article sold for Rs. 220 at a loss of 12%, we can follow these steps: ### Step-by-Step Solution: 1. **Identify the given values**: - Selling Price (SP) = Rs. 220 - Loss Percentage = 12% 2. **Understand the relationship between CP, SP, and Loss**: - The formula for loss percentage is given by: \[ \text{Loss Percentage} = \frac{\text{CP} - \text{SP}}{\text{CP}} \times 100 \] 3. **Substitute the known values into the formula**: - We know that the loss percentage is 12%, so we can set up the equation: \[ 12 = \frac{\text{CP} - 220}{\text{CP}} \times 100 \] 4. **Convert the percentage to a fraction**: - Dividing both sides by 100 gives: \[ \frac{12}{100} = \frac{\text{CP} - 220}{\text{CP}} \] - Simplifying \(\frac{12}{100}\) gives \(\frac{3}{25}\): \[ \frac{3}{25} = \frac{\text{CP} - 220}{\text{CP}} \] 5. **Cross-multiply to eliminate the fraction**: - This leads to: \[ 3 \times \text{CP} = 25 \times (\text{CP} - 220) \] 6. **Expand and rearrange the equation**: - Expanding the right side: \[ 3 \times \text{CP} = 25 \times \text{CP} - 5500 \] - Rearranging gives: \[ 5500 = 25 \times \text{CP} - 3 \times \text{CP} \] \[ 5500 = 22 \times \text{CP} \] 7. **Solve for CP**: - Dividing both sides by 22: \[ \text{CP} = \frac{5500}{22} \] - Simplifying gives: \[ \text{CP} = 250 \] ### Final Answer: The cost price of the article is Rs. 250. ---
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