Question

by selling a table for ₹1320 a trader gain 10% find the CP of the table

Answer 1

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Answer 2

the selling price is 1200

Selling price of the table = sp = Rs1320

gain = g= 10%

Let the cost price of the table= cp

Selling price =cost price ×(100+g)/100

1320 = cp×(100+10)/100

1320= cp×110/100

(1320×100)/110= cp

After cancellation

1200=cp

Therefore

Cost price of the table= cp = Rs1200

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