By selling a chair for ₹1440, a shopkeeper loses 10%. At what price did he buy?By selling a chair for ₹1440, a shopkeeper loses 10%. At what price did he buy?By selling a chair for ₹1440, a shopkeeper loses 10%. At what price did he buy?
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Given that
SP = ₹1,440
Loss = 10%
Solution
CP = SP×100/100-Loss%
= 1,440×100/100-10
= 1,440×100/90
= ₹16,000
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