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Supriya sold a washing machine for Rs. 8500. She incurred a loss of 15% in this transaction. At what price had she bought the washing machine ?
Answer & Solution
Correct Answer:
Option
A
Selling price of washing machine = Rs. 8500
Loss % = 15%
Cost price of washing machine
$$\eqalign{ & = {\text{Rs}}{\text{.}}\left( {\frac{{100}}{{85}} \times 8500} \right) \cr & = {\text{Rs}}{\text{.10000}} \cr} $$
Loss % = 15%
Cost price of washing machine
$$\eqalign{ & = {\text{Rs}}{\text{.}}\left( {\frac{{100}}{{85}} \times 8500} \right) \cr & = {\text{Rs}}{\text{.10000}} \cr} $$
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