Question

1 . By selling a chair for 240, a shopkeeper loses 1 upon 4 of its cost. If the chair is sold for 360, find the profit %. 4 9.

2. If Anu sold her laptop for 324,480, she makes a loss of 4%. Find out the price at which it should have been sold to make a profit of 4%.

3. A shopkeeper sold a smart TV at a profit of 10%. If the selling price of the TV was 266,000, what was the profit? What was the cost price?

4 . John bought pencils at the rate of 20 per dozen. He had to sell them at a loss of 10%. Find the selling price of one pencil.

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Answer 1

Step-by-step explanation:

DCost price of a chair is 1440

Loss of 10 percent

C.P.=

(100−Loss%)

S.P.×100

=

(100−10)

1440×100

=

90

144000

=Rs.1600

Hence, the shopkeeper bought the chair at Rs.1600.