Question

A person sells a table at a profit of 10%. If he had bought the table at 5% less cost and sold for Rs. 80 more, he would have gained 20%. Find the cost price of the table.

Answer 1

Answer:

A person sells a table at a profit of 10%. If he had bought the table at 5% less cost and sold for Rs. 80 more. he would have gained 20%. The cost price of the table is

Correct Answer:

C) Rs. 2,000

Step-by-step explanation:

4 units difference = Rs. 80

[Given]

1 unit → 20

100 units→ 20 × 100

= Rs. 2000

CP of table = Rs. 2000