Question

By selling a chair for 1440 , a trader gains 20% . Find the cost price of chair

Answer 1

Let the cost price of the chair be 'x',
As,the trader gains 20% by selling the chair for 1440 ,
it,is obvious that the C.P is less than S.P.
So,now we get the equation as follows,
20*x/100 + x =1440
= 6*x/5=1440
= x=1200.

Answer 2

The cost price of chair is 1200.

As per the question we need to find the cost price of chair.

Let the price of chair is x.

given is selling a chair for 1440 , a trader gains 20%.

Therefore

selling a chair for 1440 trader gains 20%.

we know that C.P. = $\frac{s.p *100}{100 + gain}$

Here s.p = 1440

gain =20%

Therefore

C.P. = $\frac{1440*100}{100 +20}$%

 x        =  $\frac{1440*100}{120}$

    x     = 1200

The cost price of chair is 1200.

Hence the require answer is 1200.

To learn more arithmetic follow the given link

https://brainly.com/question/19007362?

#SPJ2