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by selling chair for Rs 3168 , Rashid loses 12%. Find its cost price. what percent would be gain or lose by selling the chair for Rs 3870 ?
Most Upvoted Answer
by selling chair for Rs 3168 , Rashid loses 12%. Find its cost price....
Cost Price Calculation:
To find the cost price of the chair, we first need to calculate the selling price after a 12% loss.
Let the cost price be x.
Selling price after a 12% loss = Cost Price - 12% of Cost Price
3168 = x - 0.12x
3168 = 0.88x
x = 3168 / 0.88
x = 3600
Therefore, the cost price of the chair is Rs 3600.

Gain or Loss Calculation:
To calculate the percentage gain or loss when selling the chair for Rs 3870, we can use the formula:
Gain% = [(Selling Price - Cost Price) / Cost Price] * 100
Given Selling Price = Rs 3870 and Cost Price = Rs 3600
Gain% = [(3870 - 3600) / 3600] * 100
Gain% = (270 / 3600) * 100
Gain% = 7.5%
Therefore, by selling the chair for Rs 3870, Rashid would gain 7.5%.
Community Answer
by selling chair for Rs 3168 , Rashid loses 12%. Find its cost price....
By seeling a chair for rs 3168 aman loses 12% 
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by selling chair for Rs 3168 , Rashid loses 12%. Find its cost price. what percent would be gain or lose by selling the chair for Rs 3870 ?
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by selling chair for Rs 3168 , Rashid loses 12%. Find its cost price. what percent would be gain or lose by selling the chair for Rs 3870 ? for Class 7 2024 is part of Class 7 preparation. The Question and answers have been prepared according to the Class 7 exam syllabus. Information about by selling chair for Rs 3168 , Rashid loses 12%. Find its cost price. what percent would be gain or lose by selling the chair for Rs 3870 ? covers all topics & solutions for Class 7 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for by selling chair for Rs 3168 , Rashid loses 12%. Find its cost price. what percent would be gain or lose by selling the chair for Rs 3870 ?.
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