on selling a sofa for rupees 1140 shopkeeper looses 5% how much how much is cost price
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Answer:
cp = (100/100- 5)× 1140
= (100/95 ) ×1140
= 1200
so cost price is 1200
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selling price of the sofa =1140
loss percent by selling sofa =5%
Let cost price of sofa =C
selling price={(100-loss%)/100}×C
thus:
(100-5)/100×C=1140
95/100×C=1140
C=1140÷95/100
C=1140×100/95
C=1200
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