a dealer gets 56 ruppes instead of selling a cgair at gain of 15%,it is sold at a gain of 8%,find the cost price of the chair.
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Step-by-step explanation:
Let the CP be x
Then,
Gain =15%
Gain when selling =8%
Then,
CP=15%of x-56=8%of x
15x/100-56=8x/100of x
3x/20-2x/100=56
7x/100=56
x=56*100/7
x=800rupees
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