Question

By selling a wooden table at a loss of 20%, a shopkeeper makes a loss of Rs. 90. Find its cost price.

Answer 1

From the questions

$20\%=90$

$1\%=\frac{90}{20}$

$\therefore 100\%=\frac{90}{20}\times 100$

$=90\times 5$

$=450$

Hence, the cost price of wooden table is $Rs450$