Given:
S.P. = 315
Loss percent = 10%
To find:
The C.P.
Solution:
Let x be the C.P.
We have,
S.P. = 315
Loss percent = 10%
[tex]S.P.=C.P.-10\%\text{ of }C.P[/tex]
[tex]315=x-\dfrac{10}{100}x[/tex]
[tex]315=x-0.1x[/tex]
[tex]315=0.9x[/tex]
Divide both sides by 0.9.
[tex]\dfrac{315}{0.9}=x[/tex]
[tex]350=x[/tex]
Therefore, the cost price (C.P.) is 350.
