Question 87

Selling price of a chair is Rs 1386. If loss percentage is 23%, then what is the cost price (in Rs) of chair?

Solution

Selling price = Rs. 1386

Loss % = 23%

=> Cost price = $$\frac{1386}{(100-23)}\times100$$

= $$\frac{126}{7}\times100=Rs.$$ $$1800$$

=> Ans - (B)

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