Question

19. A dealer gets 56 less if instead of selling a chair at a gain of 15%, it is sold at a gain of 8%.
Find the cost price of the chair ​

Answer 1

Answer:

Rs.800

Step-by-step explanation:

Let the C.P. of the chair be x.

According to Question,

115% of x - 108% of x = 56

=> 115/100 x - 108/100 x = 56

=> 7/100 x = 56

=> x = 800

Hence, the C.P. of the chair is Rs.800.