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.
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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
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