Ravi sold a chair at a loss of 40%. The selling price of the chair is ₹900. What is the cost price of the chair?

₹1,800 ₹1,260 ₹1,660 ₹1,500

₹1,500

Let the price of the chair = 100 Loss = 40% Selling price = 900 So, 60% of CP = 900 100% of CP = 1500