After selling a sweater for $₹\ 600$, Seema suffered a loss of $20$ % . Find the cost price of the sweater.

Given: After selling a sweater for $₹\ 600$, Seema suffered a loss of $20$ % .

To do: To find the cost price of the sweater.

Solution:

As given, selling price of the sweater$=₹\ 600$

Loss$=20$ %

Therefore, cost price$=\frac{100}{100-Loss in percent}\times Sell\ Price$

$\Rightarrow$ Cost price$=\frac{100}{100-20}\times600$

$=\frac{100}{80}\times600$

$=₹\ 750$

Therefore, the cost price of the sweater is $₹\ 750$.

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Updated on: 10-Oct-2022

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