On selling a Sofa set for Rs. 21600, a dealer gains 8%. For How much
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Answer:
20000
Step-by-step explanation:
From the question,
Dealer selling a sofa set for =Rs.21600= Selling price
He gain on selling =8%
Cost price of sofa set,
CP=Rs.{(100/(100+gain%))×SP}
={(100/(100+8))×21600}
={(100/108)×21600}
={2160000/108}
=Rs.20000
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