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

**Solution:**

Given, a shopkeeper sells a chair at ₹1440

The shopkeeper loses 10%

We have to find the cost price.

We know, Loss = CP - SP

Loss = CP - 1440

We know, Loss% = Loss/CP × 100

10 = (CP - 1440)/CP × 100

10/100 = CP/CP - 1440/CP

1/10 = 1 - 1440/CP

1/10 - 1 = -1440/CP

-9/10 = -1440/CP

9/10 = 1440/CP

CP = 1440 × 10/9

= 160 × 10

= 1600

Therefore, the cost price is ?1600.

**✦ Try This: **By selling a table for ₹450, a shopkeeper loses 5%. At what price did he buy it

**☛ Also Check: **NCERT Solutions for Class 7 Maths Chapter 8

**NCERT Exemplar Class 7 Maths Chapter 7 Problem 109**

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

**Summary:**

By selling a chair for ₹1440, a shopkeeper loses 10%. The price at which he bought it is ₹1600

**☛ Related Questions:**

- Dhruvika invested money for a period from May 2006 to April 2008 at a rate of 12% per annum. If inte . . . .
- A person wanted to sell a scooter at a loss of 25%. But at the last moment he changed his mind and s . . . .
- The population of a village is 8000. Out of these, 80% are literate and of these literate people, 40 . . . .

Math worksheets and

visual curriculum

visual curriculum