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A camera costs Rs. 7200. If it is sold at a loss of 25%, what will be its cost price as a percentage of its selling price?
- a)66.67
- b)75
- c)80
- d)133.33
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
A camera costs Rs. 7200. If it is sold at a loss of 25%, what will be ...
Let CP = 100x
SP = 75x
Hence, Option D is correct.
SP = 75x
Hence, Option D is correct.
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Community Answer
A camera costs Rs. 7200. If it is sold at a loss of 25%, what will be ...
Understanding the Problem
The camera costs Rs. 7200 and is sold at a loss of 25%. We need to find the cost price as a percentage of the selling price.
Calculating Selling Price
- The loss percentage is 25%.
- Selling price (SP) can be calculated using the formula:
SP = Cost Price (CP) - Loss
- Loss is calculated as:
Loss = (Loss Percentage / 100) * CP
- For our case:
Loss = (25/100) * 7200 = Rs. 1800
- Now, we can find the selling price:
SP = CP - Loss
SP = 7200 - 1800 = Rs. 5400
Calculating Cost Price as a Percentage of Selling Price
- Now, we need to find the cost price as a percentage of the selling price:
(Cost Price / Selling Price) * 100
- Substituting the values:
(7200 / 5400) * 100
- This simplifies to:
(7200 / 5400) * 100 = 1.3333 * 100 = 133.33%
Conclusion
Thus, the cost price of the camera is 133.33% of its selling price, confirming that the correct answer is option 'D'.
The camera costs Rs. 7200 and is sold at a loss of 25%. We need to find the cost price as a percentage of the selling price.
Calculating Selling Price
- The loss percentage is 25%.
- Selling price (SP) can be calculated using the formula:
SP = Cost Price (CP) - Loss
- Loss is calculated as:
Loss = (Loss Percentage / 100) * CP
- For our case:
Loss = (25/100) * 7200 = Rs. 1800
- Now, we can find the selling price:
SP = CP - Loss
SP = 7200 - 1800 = Rs. 5400
Calculating Cost Price as a Percentage of Selling Price
- Now, we need to find the cost price as a percentage of the selling price:
(Cost Price / Selling Price) * 100
- Substituting the values:
(7200 / 5400) * 100
- This simplifies to:
(7200 / 5400) * 100 = 1.3333 * 100 = 133.33%
Conclusion
Thus, the cost price of the camera is 133.33% of its selling price, confirming that the correct answer is option 'D'.
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Question Description
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