On selling a Sofa set for Rs. 21600, a dealer gains 8%. For How much d – InterviewSolution

1.	On selling a Sofa set for Rs. 21600, a dealer gains 8%. For How much did he purchase it?
Answer» From the QUESTION, DEALER SELLING a sofa set for =Rs.21600= Selling price He gain on selling =8% COST price of sofa set, CP=Rs.{(100/(100+gain%))×SP} ={(100/(100+8))×21600} ={(100/108)×21600} ={2160000/108} =Rs.20000

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