Question

by selling a chair for Rs. 276 a profit of 15% is realized. find the cost of the table

Answer 1

cost price is 100% let
if profit 15% then selling value will be 115%
so 115% = 276
then 100% = (276/115)×100 = 2.4×100 = 240Rs
cost price is 240.

Answer 2

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, $1.15x=276$

$x=\frac{276}{1.15}$

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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