Question

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

Answer 1

assume the cp =100

loss=90

gain should have been =110

gain- loss=20%

20%=470

1%=23.5

since cp=100

so 100%=2350

Answer 2

let the cp be x then,20%of x = 940. x=4700.hence the cp is 4700