Question

A dealer gets Rs 30 less if instead of selling a chair at a gain of 12% he sells it at a gain of 8%. Find the cost price of the chair.

Answer 1

Answer:

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Answer 2

Answer:

A dealer get Rs 30 less if instead of selling a chair at 12% gain he sells it at a gain of 8%

Solution :

SPat(12%)=C+12%ofC=C+12100C=2825C

SPat(8%)=C+8%ofC=C+8100C=2725C

SP at (12%)-SP at (8%)=30

2825C−2725C=30

C=750Rs.