Mr kashi sold his old chair at a loss of 15%. if he had sold it for rs. 800 more, he would have received a profit of 5%. find the cost price of the table
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Let cp be rs.100
1St SP=Loss of 15%=100-15=rs.85
2nd SP=Profit of 5%=rs.105
Difference of SP's=rs.20
If different of SP =20,CP=100
If actual difference is rs.800,therefore real CP=(800×100)÷20
=rs.4000
1St SP=Loss of 15%=100-15=rs.85
2nd SP=Profit of 5%=rs.105
Difference of SP's=rs.20
If different of SP =20,CP=100
If actual difference is rs.800,therefore real CP=(800×100)÷20
=rs.4000
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