Question 11. If a shopkeeper sells some plastic chairs for Rs. 1296, he will make a profit of 8%. But he sells them at a loss of 5%. What is his selling price?
Given: i) Selling price = Rs. 1296 and ii) Profit= 8%.We know
Now if the shopkeeper sells at a loss of 5%, the selling price =
So, the shopkeeper sold the plastic chairs for Rs. 1140.