Question

An old table was purchased at some price and 150 rupee invested a repairing and the table was sold at 20 percent profit for 1620 rupee.what is the cost price of the table​

Answer 1

Given: S.P=2142,  Gain =5%

Percent gain =  

C.P

Gain

​

×100

Gain =S.P–C.P

Using the above 2 equations

S.P

C.P

​

=  

100

5

​

+1

C.P.=1.05×2142

C.P=2249.1

For gain to be 10%

S.P=C.P+  

100

10

​

×C.P

S.P.=2249.1×1.1=2474.01

∴ The table must be sold at Rs.2474.01