Question

an dealer gets rupees 56 less if instead of selling a chair at a gain of 15% it is sold at a gain of 8% find the cost price of the chair​

Answer 1

Step-by-step explanation:

Let × be the Cost Price of Chair.

SP when chair is sold at gain of 15% = × + 15x/100 = 115x/100

SP when chair is sold at gain of 8% = × + 8x/100 = 108x/100

115x/100 – 108x/100 = 56

7x/100 = 56

× = (56 × 100)/7

= 800

So, the cost price of Chair is Rs.800