A dealer gets ₹₹ 50 more, if, instead of selling a chair at a gain of 10%, he sells it at a gain of 12%. Find the cost price of the chair.
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Answer:
Rs.800
Step-by-step explanation:
Let the cost of chair is x
(x+x×
100
15
)−(x+x×
100
8
)=56
100
7x
=56
x=800
cost price of the chair is Rs.800
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