Amarchand sold a carton of sweaters for rupees 28200 and incurring a loss of 6% what was his cost price?
Given:
Amarchand sold a carton of sweaters for Rupees 28200 incurring a loss of 6%.
To do:
We have to find the cost price.
Solution:
Selling price of the sweaters $=Rs.\ 28200$
Loss percentage $=6 \%$
Let the cost price be $x$.
This implies,
$6=\frac{x-28200}{x}\times100$
$6x=100x-2820000$ (On cross multiplication)
$100x-6x=2820000$
$94x=2820000$
$x=\frac{2820000}{94}$
$x=30000$
The cost price of the carton of sweaters is $Rs.\ 30000$.
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