Rahul sold an article for Rs 100. He lost one sixth of what it cost him . Find the cost of the article.Options :120230134none
Question
Rahul sold an article for Rs 100. He lost one sixth of what it cost him . Find the cost of the article.Options :120230134none
Solution
The problem states that Rahul sold an article for Rs 100 and in doing so, he incurred a loss of one sixth of the cost price.
Let's denote the cost price as 'C'.
According to the problem, C - 100 = C/6.
This is because the loss is calculated as the difference between the cost price and the selling price, and we know this loss is one sixth of the cost price.
To solve for 'C', we can multiply every term by 6 to get rid of the fraction:
6C - 600 = C.
Subtracting C from both sides gives:
5C = 600.
Finally, dividing both sides by 5 gives:
C = 120.
So, the cost of the article was Rs 120.
Similar Questions
Select the correct answerAnu sold an article for Rs.480 at some profit. Had she sold it for Rs.400, then there would have been a loss equal to one-third of the initial profit. What was the cost price of the article?OptionsRs.450Rs.430Rs.420Rs.425
If the profit on selling an article for Rs.240 is the same as the loss on selling it for Rs.160, then what is the cost price of the article?180220200190None
elect the correct answerA person sold an article for 30% profit, If he had Bought it for 10% less he would have reduced price by Rs.330 and earns a profit of 20%. What is the cost price of an Article?Options14001600155017001500
A trader sold an article at profit of 20%. Had he bought that article at 60% less price and sold it at Rs 90 less, then he would have gained 50%. What is the value (in Rs) of cost price?Options300200150250
The cost of an article is 30% more than its selling price and its marked price is 10% more than its cost price. If the marked price of the article is Rs. 2860, then find the selling price of the article. Options Rs. 2500 Rs. 2000 Rs. 1960 Rs. 5300
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.