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