Question

A dealer gets ₹ 940 more if instead of selling a table at a loss of 10%, it is sold at a gain of 10%. Find the cost price of the table

Answer 1

Let the cp be x

loss = 90/ 100 * x = 9/10x

gain = 110/100*x = 11/10x

a dealer gets 940rs

11/10x - 9/10 = 940

2x = 940 * 10

2x = 9400

x = 4700

Answer 2

Find the difference in percentage:

Difference in percentage = 10% - (-10%) = 20%

.

Difference in amount = ₹940 Given)

Difference in percentage = 20%

.

Find 1%:

20% = ₹940

1% = 940 ÷ 20 = ₹47

.

Find 100% (Cost Price) :

100% = 47 x 100 = ₹4700

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Answer: The cost price of the table is ₹4700