If an item is sold at $R s 990$ and at a loss of $10 %$ , then its $C P$ $=$ ………… $[R s 1100 / R s 891]$

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Solution

Given ,
Selling price of the item, $S P$ $=$ $R s 990$
loss per cent , $l o s s %$ $=$ $10 %$
Cost price of the item, $C P$ $=$ $. . . . . . . . . . . . . . .$
Note :
We have the formula to find $C P$ , When $S P$ and $l o s s %$ is given ,
i.e. $C P$ $=$ $\frac{100}{100 - l o s s %} \times S P$ .
So,
$C P$ $=$ $\frac{100}{100 - 10} \times 990$
$C P$ $=$ $\frac{100}{90} \times 990$
$C P$ $=$ $\frac{99000}{90}$ ( divide $99000$ by $90$ , we get $1100$ )
$C P$ $=$ $1100$ .
Therefore, the answer for the given blank is $R s 1100$ .

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