Question

By selling an article for ₹900, a person loses 25%. Find his cost price and the loss.

Answer 1

S.P. of an article = ₹900
C.P. = $\frac{100}{(100-Losspercent)}\times S.P$.
= $\frac{100}{(100-25)}\times 900=\frac{100}{75}\times 900$
$=1200$
Loss = C.P. - S.P.
= ₹1200 - ₹900 = ₹300