Jack sold a jacket for 1800/=. He made a loss of 10%how much had he bought the jacket

Business/Management

ScanSolve AI Answer

Answer

2000/=\text{2000/=}

Step 1: Determine the percentage of the cost price that the selling price represents. A loss of 10%10\% means that the selling price is 100%10%=90%100\% - 10\% = 90\% of the original cost price.

Step 2: Set up an equation using the given information. Let the cost price be CC. The selling price (SP) is 1800/=1800/=. So, 90%90\% of CC is 1800/=1800/=. 0.90×C=18000.90 \times C = 1800

Step 3: Solve for the cost price CC. C=18000.90C = \frac{1800}{0.90} C=1800910C = \frac{1800}{\frac{9}{10}} C=1800×109C = 1800 \times \frac{10}{9} C=180009C = \frac{18000}{9} C=2000C = 2000 Jack had bought the jacket for 2000/=\boxed{2000/=}.

Was this helpful?

Still stuck on this one?

Ask a follow-up, and the answer starts from this question.

Got a different question?Ask your own question
Handwritten step-by-step solution preview

Handwritten Step-by-Step Solution

Get this as a handwritten image on WhatsApp — like a tutor wrote it for you.

Try on WhatsApp