Question

Mohit sells a table at a profit 25%.if he reduces it's selling price by Rs 240.then he suffers a loss of 5% what was the initial selling price of the table?

Answer 1

Hey Mate ____________________

Let solve this question by 2 cases

( Case 1 ) Let the CP be x
Then SP = x + 25x/100
= 125x/100

( Case 2 ) Let the CP be x
Then SP = x - 5x/100
= 95x/100

CASE 1 - CASE 2 = Rs 240

125x/100 - 95x/100 = 240

30x/100 = 240

x = 240 × 100/3

x = Rs 8000, So CP is Rs 8000

The initial SP ( Case 1 ) = 125/100 × 8000
= 125 ×80 = Rs 10,000

Hope it helps☺!

Answer 2

Mohit sells a table at a profit of 25%. If he reduces its selling price by Rs 240, then he suffers a loss of 5%. What was the initial selling price (in Rs) of the

table? 1000