Answer it correctly. The answer is ₹2000.
A person sells a table at a profit of 10%. If he had bought it at 5% less cost and sold for 80 more, he would have gained 20%. Find the cost price of the the article.
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Answer:
10% - - 5% of 80 equals 20% of x
15% of 80 = 20% of x
15 / 100 * 80 = 20 / 100 of x
15*80 =20of x
therefore X = 1280 that is equal to 60
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