Question

A shopkeeper incurs a loss of 12% by selling a CD player for rs 1760 at what price at what price did the shopkeeper buy the CD player

Answer 1

Answer:

2000

Step-by-step explanation:

We can use the concept of 100 where we can say when he bought the CD for 100, he sold for 100-12=88. So, when he sold for 1760 the cost price will be 1760×(100/88)=20×1000=2000