By selling a table for Rs. 1,320, a trader gains 10%. Find the C.P. of the table.
Answers
Answered by
1
Answer:
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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Step-by-step explanation:
Answered by
1
Answer:
sp is 1320
profit % is 10%
cp is sp/100+profit% ×100
1320/110×100
=1200....
hence cp is 1200rs
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