Q09. When a jacket is sold for $42, theres a loss of 16%. What is the cost price of the jacket?

Ops: A. $55

B. $45

C $40

To find the cost price of the jacket when it is sold for $42 at a loss of 16%, we use the formula for calculating cost price:

\[
\text{Cost Price} = \frac{\text{Selling Price}}{1 - \text{Loss Percentage}}
\]

Given:
- Selling Price = $42
- Loss Percentage = 16% (which is 0.16 as a decimal)

Substitute these values into the formula:

\[
\text{Cost Price} = \frac{42}{1 - 0.16} = \frac{42}{0.84}
\]

\[
\text{Cost Price} = 50
\]

Therefore, the cost price of the jacket is $50.

### Answer: None of the given options is correct

When a jacket is sold for $42, there's a loss of 16%. What is the cost price of the jacket? Options: A. $55, B. $45, C. $40

Learn how to calculate the cost price of a jacket sold for $42 with a 16% loss. This problem covers essential concepts of profit and loss calculations and includes a step-by-step solution using the formula Cost Price = Selling Price / (1 - Loss Percentage). Suitable for students in Grades 6-8.

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