Question

On selling a chair set for Rs 8800, a
dealer gains 10 %. For how much did he
purchase it?​

Answer 1

Answer:

solution, selling price =Rs.8800

profit %=10%

profit=10/100×8800

=880

we know that, p=sp-cp

880=8800-cp

-cp=880-8800

-cp=-7920

cp=Rs.7920

Answer 2

Step-by-step explanation:

SP = 8800

Profit Percent (P%) = 10%

CP = ?

Now,

100 × SP

CP = ------------

100 + P%

100 × 8800

CP = ---------------

100 + 10

880000

CP = -------------

110

CP = 8000

•°• He purchased it at Rs. 8000.