Question

A dealer gets Rs 470 more if instead of selling a
table ata loss of 10%; it is sold at a gain of 10%.
Find the cost price of the table.​

Answer 1

Answer:

2350

Step-by-step explanation:

Given: 

A dealer gets Rs 470 more.

Formula Used: 

Loss% = (loss/cp) × 100

Gain% = (gain/cp) × 100 

Calculation: 

Let the cost price of table be 100x 

Selling price at 10% loss,  

⇒ 100x - 10% of 100x = 90x 

Selling price at 10% profit,

⇒ 100x + 10% of 100x = 110x 

Difference in both selling price = 470 

⇒ 20x = 470 

⇒ x = 23.5

Cost price,

⇒ 100x = 100 × 23.5 = Rs 2350 

∴ The cost price of table is Rs 2350