If a shopkeeper sells a table at a profit of 10% and a chair at a loss of 15% ,he neither gain nor loss on the whole.if he sells the table at 15%profit and a chair at a loss of 10%,he would have gaind 150 on the whole. find cp of the table?
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Answer:
Cost price(cp) of the table is 1800 rupees.
Explanation:
In this question
We have been given that,
Profit at the table is 10% and loss at the chair is 15%.
Let cost of table = x and cost of chair = y
10%(x) - 15%(y) = 0
= 0
10x - 15y = 0
x =
x =
Now, 15%(x) - 10%(y) = 150
= 150
15x - 10y = 15000
15 - 10y = 15000
45y - 20y = 30000
25y = 30000
y =
y = 1200
Then x =
x = 1800
Hence, Cost price(cp) of the table is 1800 rupees.
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