An electric iron was sold for 736 rupees at 8% loss. Find the total cost.

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Solution

Selling price of the electric iron = Rs 736

Loss percent = 8

∴ Selling price = (100 − 8)% of the total cost

= 92% of the total cost of the electric iron

⇒ Total cost of the electric iron =

=

= Rs 800

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An electric iron was sold for 736 rupees at 8% loss. Find the total cost.

Selling price of the electric iron = Rs 736 Loss percent = 8 ∴ Selling price = (100 − 8)% of the total cost = 92% of the total cost of the electric iron ⇒ Total cost of the electric iron = = = Rs 800

Selling price of the electric iron = Rs 736

Loss percent = 8

∴ Selling price = (100 − 8)% of the total cost

= 92% of the total cost of the electric iron

⇒ Total cost of the electric iron =

=

= Rs 800