Question

on selling a bag for ₹128, a shopkeeper suffers a loss of 8%. At what price did he buy the bag ?​

Answer 1

Given that :

Selling Price = 128 Rs.

and loss% = 8%

Then, Cost Price :

$128 \times \frac{100}{(100 - 8)} \\ \\ = > 128 \times \frac{100}{92} \\ \\ = > 139.13$

So, the cost price of bag will be 139.13 Rs.

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