A person sold a table at a profit of 13/2%, if he had sold it rs 1250 more, he would have gained 19%.Find the cp of the table?
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Answer:
Cost Price of table = Rs 10000
Step-by-step explanation:
Let say cost price = C Rs
13/2 % profit = {(13/2)/100} × C
= 13C/200 Rs
Selling Price = C + 13C/200
19% profit = (19/100) × C
= 19C/100
Selling Price = C + 19C/100
difference in Sell Price = Rs 1250
C + 19C/100 - C - 13C/200 = 1250
38C - 13C = 1250 × 200
25C = 1250 × 200
C = 50 × 200
C = 10000
Cost Price of table = Rs 10000
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