Question

The selling price of a chair is Rs.4,250. If the shopkeeper has sold it at a loss of 15%, find

the price at which it was bought?
​

Answer 1

S.P of chair = Rs. 4,250

C.P of chair = ?

Loss incurred = 15%

Apply formula :- cost price = 100 - loss%

--------------- × S.P

100

Therefore, C.P. = 100 - 15

-------------- × 4250

100

= 85

-------- × 4250 = 3612.5 Answer

100

Hope! this will help you ✅✅

100