Question

By selling a chair for Rs 276, a profit of 15% is realised. Find the cost of the chair.

Answer 1

Cost price is 240.

The cost of the table is Rs.240

Step-by-step explanation:

Let the cost of the table be x

Profit% = 15%

Profit = 15%x=0.15x

Selling price of table = CP+Profit=x+0.15x=1.15x

We are given that Selling price of chair is rs.276

So,  

x= 240

Hence the cost of the table is Rs.240

#Learn more:

A chair and a table together cost rs.100. if chair costs rs.16 less than table, find the cost of table. answer

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