step by step answer in detail with complete explanation An item sold at - Maths - Life Mathematics

Question

step by step answer in detail with complete explanation An item
sold at Rs 640 at 5% loss Find its cost price ???

Manbar Singh · Accepted Answer

Let CP of the item = Rs xNow, SP of the item = Rs 640Loss = CP - SP⇒Loss = Rsx - 640Now, loss % = 5%⇒lossCP×100% = 5%⇒x - 640x × 100 = 5⇒20x - 640 = x⇒20x - 12800 = x⇒20x - x = 12800⇒19x = 12800⇒x = 1280019 = 673
68So, CP = Rs 673 68

step by step answer...in detail...with complete explanation... An item sold at Rs.640 at 5% loss. Find its cost price ???