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Question

A scooty is sold for 13,600 and fetches a loss of 15%. Find the cost price of the scooty.

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Solution

Devi used this method:
Loss of 15% means,
if C.P. is 100, Loss = 15
Therefore, S.P. would be
(10015)= 85
If S.P. is 85, C.P. is 100
When S.P. is 13,600, then
C.P. =100×1360085
= 16,000
OR
Revathi used the formula method:
Loss =15%
S.P. = 13,600
C.P. =100100Loss×S.P.
=10010015×13600
=10085×13600
= 16,000
Hence the cost price of the scooty is 16,000.

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