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
Answers
☞ Your Answer = 800
✭ A dealer gets Rs 56 less if instead of selling a chair at a gain of 15% it is sold at a gain of 8%
☆ The CP?
Let CP be x
So now,
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The above Question , the following information is given -
A dealer gets rupees 56 less if instead of selling a chair at a gain of 15% , it us sold at a gain if 8%
To find -
In the above Question. we have to find the required cost price of the chair .
Solution -
Since, we have to find the required cost price of the chair , let us assume this unknown quantity to be Rs. X
Now , we have the following condition given -
A dealer gets rupees 56 less if instead of selling a chair at a gain of 15% , it us sold at a gain if 8%
Case 1 -
The chair is sold at a gain of 15%
=> Selling Price Of Chair -
=> 115% of X
=> [ 115 / 100 ] x
=> 1.15 x
Case 1 -
The chair is sold at a gain of 15%
=> Selling Price Of Chair -
=> 115% of X
=> [ 115 / 100 ] x
=> 1.15 x
Case 2 -
The chair is sold at a gain of 8%
=> Selling Price Of Chair -
=> 108% of X
=> [ 108 / 100 ] x
=> 1.08 x
Now ,
Case 1 - Case 1 = 56
=> 1.15x - 1.08x = 56
=> 0.07 x = 56
=> x = Rs. 800
Hence , the required cost price of the chair is Rs. 800.
This is the final answer ...
___________________
The above Question , the following information is given -
A dealer gets rupees 56 less if instead of selling a chair at a gain of 15% , it us sold at a gain if 8%
To find -
In the above Question. we have to find the required cost price of the chair .
Solution -
Since, we have to find the required cost price of the chair , let us assume this unknown quantity to be Rs. X
Now , we have the following condition given -
A dealer gets rupees 56 less if instead of selling a chair at a gain of 15% , it us sold at a gain if 8%
Case 1 -
The chair is sold at a gain of 15%
=> Selling Price Of Chair -
=> 115% of X
=> [ 115 / 100 ] x
=> 1.15 x
Case 1 -
The chair is sold at a gain of 15%
=> Selling Price Of Chair -
=> 115% of X
=> [ 115 / 100 ] x
=> 1.15 x
Case 2 -
The chair is sold at a gain of 8%
=> Selling Price Of Chair -
=> 108% of X
=> [ 108 / 100 ] x
=> 1.08 x
Now ,
Case 1 - Case 1 = 56
=> 1.15x - 1.08x = 56
=> 0.07 x = 56
=> x = Rs. 800
Hence , the required cost price of the chair is Rs. 800.
This is the final answer ...
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