Q109 of 140 Page 196

By selling a chair for Rs 1440, a shopkeeper loses 10%. At what price did he buy it?

Given, SP = 1440 and loss = 10%


⇒ We know that Loss% = 100%


⇒ Loss% = × 100%


⇒ 10 =


⇒ = CP – 1440


⇒ CP - CP = 1440


⇒ CP = 1440


⇒ CP =


⇒ CP = 1600


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