A sewing machine is sold for Rs. 660 at a loss of 12%. Determine its cost price.a)Rs. 1000b)Rs. 900c)Rs. 850d)Rs. 750Correct answer is option 'D'. Can you explain this answer?

Question

Answer

To find the cost price of the sewing machine, we need to calculate the original price before the 12% loss.

Let's assume the cost price of the sewing machine is x.

According to the given information, the sewing machine is sold for Rs. 660 at a loss of 12%.

We can calculate the selling price (SP) using the formula:

SP = Cost Price - Loss

660 = x - (12/100) * x

Simplifying the equation:

660 = x - 0.12x

Combining like terms:

660 = 0.88x

Dividing both sides of the equation by 0.88:

x = 660 / 0.88

x = 750

Therefore, the cost price of the sewing machine is Rs. 750.

So, option D, Rs. 750, is the correct answer.

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