Question

By selling an article for Rs. 382.50 a man loses $15\%$. Cost price of the article is Rs ___ .

Answer 1

S.P. of an article = Rs. 382.50
Loss $=15\%$
C.P. $=\left(\frac{100}{100-loss\%}\right)\times S.P.$
$\Rightarrow$ C.P. $=\left(\frac{100}{100-15}\right)\times Rs.382.50$
$=Rs.450$