Question

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

Answer 1

Devi used this method:
Loss of $15$% means,
if C.P. is $100$, Loss $=$ $15$
Therefore, S.P. would be
$(100-15)=$ $85$
If S.P. is $85$, C.P. is $100$
When S.P. is $13,600$, then
C.P. $=\frac{100\times 13600}{85}$
$=$ $16,000$
OR
Revathi used the formula method:
Loss $=15$%
S.P. $=$ $13,600$
C.P. $=\frac{100}{100-Loss}\times$S.P.
$=\frac{100}{100-15}\times 13600$
$=\frac{100}{85}\times 13600$
$=$ $16,000$
Hence the cost price of the scooty is $16,000$.