Question

9. A shopkeeper incurs a loss of 12% by selling a CD player for 1760. At what price did shopkeeper buy the cd​

Answer 1

Question:

A shopkeeper incurs a loss of 12% by selling a CD player for Rs. 1760. At what price did shopkeeper buy the CD?

Answer:

Rs. 2000

Step-by-step explanation:

Given that a shopkeeper incurs a loss of 12% by selling a CD player for Rs 1760.

We need to find out the price by which shopkeeper buy the CD.

Now,

Percentage of selling price = 100 - loss % of selling price

(100 - 12)% = 88%

Means he sold it at 88% for Rs. 1760

=> 88% = 1760

=> 1% = 1760/88 × 100

=> 1% = 20 × 100

=> 1% = 2000

Therefore, the shopkeeper brought it at Rs. 2000.