Question

By selling a silver necklace for RS 657, a jeweller loses 8 3/4%. For how much did he purchase it?

Answer 1

SP = Rs. 657
Loss % = 8 3/4 %
= 35/4 %
CP. = 100/(100- loss %) × SP
= 100/(100-35/4) × Rs. 657
= Rs. 720
He purchased the silver necklace at Rs. 720

Answer 2

Hence, he purchased necklace at a price of 720 Rs.


Thanks