by selling a table for rupees 1320 with a gain of 10%.find C.P.
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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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