Question

Find the total cost of each item in the table below:

Item		Total Cost		Profit/Loss
Car		4,56,000		14% loss
Plot		2,78,480		18% loss
Alamirah		4,752		12% loss
Table		3,906		7% loss

Answer 1

i) Selling price of the car = Rs 456000

Profit percent = 14

∴ Selling price = (100 + 14)% of the total cost

= 114% of the total

⇒ Total cost =

ii) Selling price of the plot = Rs 278480

Profit percent = 18

∴ Selling price = (100 + 18)% of the total cost

= 118% of the total cost

⇒ Total cost =

iii) Selling price of the alamirah = Rs 4752

Profit percent = 12

∴ Selling price = (100 + 12)% of the total cost

= 112% of the total cost

⇒ Total cost =

iv) Selling price of the table = Rs 3906

Profit percent = 7

∴ Selling price = (100 + 7)% of the total cost

= 107% of the total cost

⇒ Total cost =