Juhi sells a washing machine for Rs. 13,500. She loses 20% in the bargain. What was the price at which she bought it?

Question

Philoid · Accepted Answer

According to the question,

Selling price of washing machine, SP = Rs 13, 500

Also, Loss % = 20 %

Let us assume the cost price of the machine be x

Therefore,

Loss = 20 % of x

Hence,

Cost price – Loss = Selling price

x – × x = 13500

x – x = 13500

x = 13500

x = 13500 ×

= 3375 × 5

= Rs 16875

Therefore, the cost price of the washing machine is Rs. 16875