Home
Class 14
MATHS
Find the cost price of an article which ...

Find the cost price of an article which is sold for Rs 200 at a loss of 20%

Text Solution

AI Generated Solution

The correct Answer is:
To find the cost price of an article sold for Rs. 200 at a loss of 20%, we can follow these steps: ### Step-by-Step Solution: 1. **Understanding the Loss**: - When an article is sold at a loss of 20%, it means that the selling price (SP) is 80% of the cost price (CP). This is because 100% - 20% = 80%. 2. **Setting Up the Equation**: - Let the cost price be \( x \). - Since the selling price is Rs. 200, we can express this relationship as: \[ SP = 80\% \text{ of } CP \] \[ 200 = 0.8 \times x \] 3. **Solving for Cost Price**: - To find \( x \), we can rearrange the equation: \[ x = \frac{200}{0.8} \] 4. **Calculating the Cost Price**: - Now, we can perform the division: \[ x = \frac{200}{0.8} = 250 \] 5. **Conclusion**: - Therefore, the cost price of the article is Rs. 250. ### Final Answer: The cost price of the article is Rs. 250.
Promotional Banner

Topper's Solved these Questions

  • PROFIT AND LOSS

    ADDA247|Exercise Solved Examples|15 Videos
  • PROFIT AND LOSS

    ADDA247|Exercise Basic Question|15 Videos
  • PERMUTATION ,COMBINATION AND PROBABILITY

    ADDA247|Exercise Previous Year Question|25 Videos
  • RATIO & PROPORTION AND PARTNERSHIP

    ADDA247|Exercise PREVIOUS YEAR QUESTIONS|20 Videos
ADDA247-PROFIT AND LOSS-Previous Year Questions
  1. Find the cost price of an article which is sold for Rs 200 at a loss o...

    Text Solution

    |

  2. A person purchased two articles at the same price and on selling the f...

    Text Solution

    |

  3. A shopkeeper marked the price of jeans 25% above the cost price and al...

    Text Solution

    |

  4. A person sold a book at 20% profit. If he had bought it at 10% less co...

    Text Solution

    |

  5. A shopkeeper marks up price of LED 60% above its cost price and gives ...

    Text Solution

    |

  6. A shopkeeper marked up a shirt 50% above the cost price and allows suc...

    Text Solution

    |

  7. Selling price of an article becomes Rs2160 after giving two successive...

    Text Solution

    |

  8. An article was marked up by 50% above cost price and allowed Rs 50 dis...

    Text Solution

    |

  9. A shopkeeper gives 20% discount on a book and he still earns a profit ...

    Text Solution

    |

  10. Marked price of an article is 40% above its cost price and when shopke...

    Text Solution

    |

  11. Retailer sold one article at 33(1)/(3)% profit and another at 100% pro...

    Text Solution

    |

  12. A shopkeeper marked the price of an article by 40% above cost price an...

    Text Solution

    |

  13. A shopkeeper sells two pens, he sold 1 pen at profit and other pen at ...

    Text Solution

    |

  14. A person sold an article for Rs 802. If it is sold for Rs 38 more, the...

    Text Solution

    |

  15. A shopkeeper sets MRP of a product such that after giving 10% discount...

    Text Solution

    |

  16. When a person sold an article, his profit percent is 60% of the sellin...

    Text Solution

    |

  17. Cost price of a jeans is Rs 200 more than cost price of a shirt. If sh...

    Text Solution

    |

  18. Cost price of article A is Rs 600 more than that of B and selling pric...

    Text Solution

    |

  19. Sudeep marked up the price at a price higher than cost price & gave 10...

    Text Solution

    |

  20. Shopkeeper sells two articles - M & N. He marks article -M 20% above i...

    Text Solution

    |

  21. Marked price of an article is Rs250 more than cost price of that arti...

    Text Solution

    |