On selling an article for $ 651, there is a loss of 7%.

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On selling an article for $ 651, there is a loss of 7%. The cost price of that article is

Let the C.P. of article be 'y ' .
Given that , Selling price ( S.P. ) = $ 651 , Loss% = 15%
∵ (100 – 7)% y = 651 ⇒ 93% y =
651

⇒ y =	651	× 100 = $ 700
	93

Second method to solve this question :

Cost Price = Selling Price		100
		100 - Loss%

Cost Price = 651		100
		100 - 7

Cost Price =	651 × 100	= $ 700
	93