Question

by selling 144 chairs, a shopkeeper incurred a loss equal to the selling price of 6 chairs. Find the loss percentage.

I know the answer will be 4%, but i need the explanation
thanks

Answer 1

Let sp of 1 chair is x

And cp of 1 chair is y

so, 144y-144x =6x

solutions is in the picture

I hope it helps you mate

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Answer 2

Explanation:

Let the S.P of 144 chairs = ₹144

Loss = (S.P of 6 chairs) = ₹6

C.P of 144 chairs = (144 + 6 ) = ₹150

$loss\% = \frac{loss}{cp} \times 100$

$\frac{6}{150} \times 100$

$\frac{6}{3} \times 2$

$2 \times 2$

$4\%$