Question

if a chair is sold for rs. 840 at a gain of 5 % then find the cost price ​

Answer 1

Answer:

S.P. of chair = RS 840

gain = 5%

C.P. of chair = 100×S.P./100+Profit%

= 100×840/100+5

= 84000/105

= 800

the C.P. of chair is RS 800

hope it helps