On selling a chair for ₹720.a man gains 30%.the cost price of the chair
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Step-by-step explanation:
Selling price of chair=7200
Profit = 30%
Cost price =Cost price×100/100+profit%
= 7,200×100/100+30%
=7,200×100/130
=7,200×10/13
=72,000/13
=5,538.461
Hence,
Cost price of a Chair = 5,538.461
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