By selling a table for $1320, a trader gains 10%. Find the CP of the table.
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S.P = 1320
Gain = 10%
Gain = SP-CP/CP * 100
1320/CP - 1 = 10/100
1320/CP = 11/100
1320*10/11
13200/11
C.P= 1200
Gain = 10%
Gain = SP-CP/CP * 100
1320/CP - 1 = 10/100
1320/CP = 11/100
1320*10/11
13200/11
C.P= 1200
Sontsshali:
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