Question

Deepa sells a washing machine for rupees 14500. She loses 20% in the bargain. What was the price at which she bought it?

Answer 1

Given: Selling price = Rs 14,500

Loss% = 20%

Let the cost price be $x$.

∴ Loss = 20% of $x$

Selling price = Cost price $-$ Loss

⇒14500 = $x$ − $\frac{20}{100}\times x$

⇒14500 = $x$ − $\frac{x}{5}$

⇒14500 = $\frac{4x}{5}$

⇒ $x$ = 18125

Therefore, she bought a washing machine for Rs 18125