if a chair is bought for Rs 5000 and is sold at a loss of 10%, then selling price of the chair is Rupees
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Answer:
RS = 500
Step-by-step explanation:
5000/5 DIVIDE IT AND GET THE ANSWER.
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Here the cost price and loss percentage of a chair is give
cost price = Rs. 5000
loss percentage = 10%
We have to find the selling price of the chair
First, we will find the loss
loss = 10% × 5000
= (10/100) × 5000
= 500
Selling price = cost price - loss
= 5000 - 500
= 4500
Hence, the selling price of the chair will be Rs. 4500
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