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Saksham cells a washing machine for ₹ 13,500 he loses 20% in the bargain what was the price at he bought it?
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Saksham cells a washing machine for ₹ 13,500 he loses 20% in the barga...
Understanding the Loss in Bargaining
When Saksham sells a washing machine for ₹ 13,500 and incurs a loss of 20%, we need to calculate the original price he paid for it.
Step 1: Identifying the Loss Percentage
- The loss percentage is given as 20%.
- This means that the selling price is 80% of the cost price since 100% - 20% = 80%.
Step 2: Setting Up the Equation
- Let the cost price (CP) of the washing machine be represented as CP.
- According to the given information:
Selling Price (SP) = 80% of CP
- In numerical terms, this can be expressed as:
SP = (80/100) * CP
- We know that SP = ₹ 13,500.
Step 3: Calculating the Cost Price
- We can rearrange the equation to find CP:
₹ 13,500 = (80/100) * CP
- To isolate CP, multiply both sides by 100/80:
CP = ₹ 13,500 * (100/80)
Step 4: Performing the Calculation
- First, calculate 100/80, which is 1.25.
- Now multiply:
CP = ₹ 13,500 * 1.25
CP = ₹ 16,875
Conclusion: Cost Price of the Washing Machine
- Therefore, Saksham bought the washing machine for ₹ 16,875.
This calculation highlights how to determine the cost price when a loss percentage is involved.
When Saksham sells a washing machine for ₹ 13,500 and incurs a loss of 20%, we need to calculate the original price he paid for it.
Step 1: Identifying the Loss Percentage
- The loss percentage is given as 20%.
- This means that the selling price is 80% of the cost price since 100% - 20% = 80%.
Step 2: Setting Up the Equation
- Let the cost price (CP) of the washing machine be represented as CP.
- According to the given information:
Selling Price (SP) = 80% of CP
- In numerical terms, this can be expressed as:
SP = (80/100) * CP
- We know that SP = ₹ 13,500.
Step 3: Calculating the Cost Price
- We can rearrange the equation to find CP:
₹ 13,500 = (80/100) * CP
- To isolate CP, multiply both sides by 100/80:
CP = ₹ 13,500 * (100/80)
Step 4: Performing the Calculation
- First, calculate 100/80, which is 1.25.
- Now multiply:
CP = ₹ 13,500 * 1.25
CP = ₹ 16,875
Conclusion: Cost Price of the Washing Machine
- Therefore, Saksham bought the washing machine for ₹ 16,875.
This calculation highlights how to determine the cost price when a loss percentage is involved.
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Saksham cells a washing machine for ₹ 13,500 he loses 20% in the bargain what was the price at he bought it?
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Saksham cells a washing machine for ₹ 13,500 he loses 20% in the bargain what was the price at he bought it? for Class 7 2024 is part of Class 7 preparation. The Question and answers have been prepared according to the Class 7 exam syllabus. Information about Saksham cells a washing machine for ₹ 13,500 he loses 20% in the bargain what was the price at he bought it? covers all topics & solutions for Class 7 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Saksham cells a washing machine for ₹ 13,500 he loses 20% in the bargain what was the price at he bought it?.
Saksham cells a washing machine for ₹ 13,500 he loses 20% in the bargain what was the price at he bought it? for Class 7 2024 is part of Class 7 preparation. The Question and answers have been prepared according to the Class 7 exam syllabus. Information about Saksham cells a washing machine for ₹ 13,500 he loses 20% in the bargain what was the price at he bought it? covers all topics & solutions for Class 7 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Saksham cells a washing machine for ₹ 13,500 he loses 20% in the bargain what was the price at he bought it?.
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