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Selling Price (SP)of CD=1760
Loss=12%
CP=SP×100/100-Loss
=1760×100/100-12
=176000/88
=₹2000
:Shopkeeper buys CD for ₹2000
Answered by
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Explanation:
SP = ₹1760
Loss= 12%
Let , CP be x
12% of x
12/100*x
3x/25
Now we got the loss in algebraic term.
CP - Loss = SP
x-3x/25 = 25x-3x/25= 22x/25
So , 22x/25 = ₹1760
x = ₹1760*25/22
x = ₹44000 / 22
x = ₹ 2000
CP = ₹2000
Verification
12% of 2000
12/100*2000
₹240 = Loss
CP- Loss
₹2000-₹240
₹1760
Hence Verified.
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