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If a material is sold for Rs.34.80, ther...

If a material is sold for Rs.34.80, there is a loss of `25%`. Find out the cost price of the material?

A

Rs 46.40

B

Rs44

C

Rs42

D

Rs47.20

Text Solution

AI Generated Solution

The correct Answer is:
To find the cost price of the material when it is sold at a loss of 25%, we can follow these steps: ### Step 1: Identify the given values - Selling Price (SP) = Rs. 34.80 - Loss Percentage = 25% ### Step 2: Understand the relationship between Selling Price, Cost Price, and Loss When there is a loss, the Selling Price can be calculated using the formula: \[ SP = CP \times \left(1 - \frac{\text{Loss Percentage}}{100}\right) \] Where: - SP = Selling Price - CP = Cost Price ### Step 3: Substitute the known values into the formula We can substitute the Selling Price and the Loss Percentage into the formula: \[ 34.80 = CP \times \left(1 - \frac{25}{100}\right) \] This simplifies to: \[ 34.80 = CP \times \left(1 - 0.25\right) \] \[ 34.80 = CP \times 0.75 \] ### Step 4: Solve for Cost Price (CP) To find the Cost Price, we can rearrange the equation: \[ CP = \frac{34.80}{0.75} \] ### Step 5: Calculate the Cost Price Now, we perform the division: \[ CP = \frac{34.80}{0.75} = 46.40 \] ### Conclusion The Cost Price of the material is Rs. 46.40. ---
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