Question:
Juhi sells a washing machine for Rs 13, 500. She loses 20% in the bargain. What was the price at which she bought it?
Juhi sells a washing machine for Rs 13, 500. She loses 20% in the bargain. What was the price at which she bought it?
Updated On: Dec 7, 2023
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Solution and Explanation
Selling price = Rs \(13500\)
Loss % = \(20\%\)
Let the cost price be \(x\).
Loss = \(20\%\) of \(x\)
Cost price - Loss = Selling price
\(x-\frac{20}{100}\times x=13500\)
\(x-\frac{1}{5}x=13500\)
\(\frac{4}{5}x=13500\)
\(x= 13500\times\frac{5}{4}\)
= \(16875\)
Therefore, she bought it for Rs \(16875\).
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