A seller sells a chair at 15%profit. If he purchase it at 25%discount and sell the chair at 60rupees less then he will get a profit of 32%. What was its cost prise?
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A seller sells a chair at 15%profit. If he purchase it at 25%discount and sell the chair at 60rupees less then he will get a profit of 32%. What was its cost prise?
Step-by-step explanation:
Let the original Cost Price be = Rs X
Selling Price = X+15% of X
=115x/100
Rs = 23x/20
New Cost Price = x -25% of X
=75x/100 =3x/4
New Selling Price = 3x/4 +32% of 3x/4
=Rs 99x/100
23x/20 - 99x/100 =60
16x = 60 * 100
x = 60 *100/16
Answer Rs. 375
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