S.P= 425 Loss percent= 15% find C.P
To find the cost price (C.P) when the selling price (S.P) is 425 and the loss percentage is 15%, you can use the formula:
Loss Percentage = [(C.P - S.P) / C.P] * 100
In this case, you're given the S.P (425) and the loss percentage (15%). You need to solve for C.P:
15% = [(C.P - 425) / C.P] * 100
Now, isolate C.P:
15% / 100 = (C.P - 425) / C.P
0.15 = (C.P - 425) / C.P
Now, cross-multiply:
0.15 * C.P = C.P - 425
0.15C.P = C.P - 425
Now, subtract C.P from both sides:
0.15C.P - C.P = -425
Combine the terms on the left side:
-0.85C.P = -425
Now, divide by -0.85 to solve for C.P:
C.P = -425 / -0.85
C.P = 500
So, the cost price (C.P) is 500.
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