Question

On selling a plastic chair for rupees 630 a man loses 10% then find the cost price of the chair

Answer 1

Hey There!

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Note : C.P = Cost Price
S.P = Selling Price.

We know the formula ,

Loss% = $\frac{Loss\times100}{C.P}$. ..(i)

C.P = $\frac{100}{100-Loss\%}$ × S.P. ...(ii)

According to the Question,

S.P = ₹630

$Loss\% = 10\%$

Putting values in Formula (ii) ,

C.P = $\frac{100}{100-10} × 630$

C.P = $\frac {\cancel{100}}{\cancel{90}}\times630$

C.P = $\frac{10}{\cancel{9}}\times{\cancel{630}}$

$C.P = 10\times70$

Therefore, C.P = 700

Therefore, Cost Price of article = ₹700

We can hence, Easily find out cost price of article .

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Thanks!

Hope This Helps!

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Answer 2

ANSWER

700 rs.

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