Answer:
On selling an article for $ 329.
A dealer lost 6% of the cost price.
So , Selling price = 329
And , lost = 6%
Cost price = ?
According to the question:
Loss = 6=6 × 329/100329/100
1974/1001974/100
19.7419.74
So , the loss of the dealer is = $19.74
We have to find cost price of article by using formula :
Cost price = selling price + loss
329 + 19.74329+19.74
348.74348.74
So , the cost price of the article is $348.74
