Question

by selling a garden chair for rs 657 a shopkeeper looses 8% what os a cost price of a chair​

Answer 1

Given :-

The selling price of the chair = Rs 657

The loss percent = 8%

To be found :-

The cost price of the chair

The selling price is given and the loss percent is given so we can use the formula for finding the Cost price

$\bf C.P = \frac{S.P\times100}{100-Loss\%}$

$\bf C.P = \frac{657\times100}{100-8}$

$\bf C.P = \frac{S.P\times100}{100-Loss\%}$

$\bf C.P = 714.13$

hence,

The cost price of the chair was Rs 714.13

 

Cost price (C.P)

Selling price(S.P)