Gujarati
Hindi
7.Profit and Loss
medium

A shopkeeper sold Chairs at $Rs.\, 2139$ each after giving $7 \%$ discount on labelled price. Had he not given the discount, he would have earned a profit of $15 \%$ on the cost price. What was the cost price of each chairs? (in $Rs.$)

A

$2500$

B

$2100$

C

$2000$

D

$1900$

Solution

Here, the labelled price of chair is

$=\frac{S P \times 100}{(100-D) \%}=\frac{2139 \times 100}{93}=R s .2300$

Let the $CP$ of chair be $Rs.p$

Now according to question:

$\frac{15}{100}=\frac{2300- p }{ p } \Rightarrow 15 p =230000-100 p$

$p=$ $Rs. 2000$

Standard 13
Quantitative Aptitude

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