Question

Aman sells a sofa set at a gain of 5%. If he sold it for 490 less, he would have losses 2%. Find the cost
price of the sofa set.
he losses 100% Find​

Answer 1

Answer:

X=7000

Step-by-step explanation:

Let the CP of the sofa set be Rs x

SP=CP+ Profit

SP=x+5×/100

SP=21x/20=105x/100

Now loss =2%

SO =98×/100=

If it have been sold for Rs 490

98×/100=105x/100−490

490=(105x−98x)/100

490=7x/100

x=490∗100/7

x=7,000