. Mr. Shah sold a sofa at a gain of 15%. Had he sold it for 340 less, he would have
lost 2%. At what price did Mr. Shah purchase it?
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Given:-
- Mr. Shah sold a sofa at a gain of 15%. Had he sold it for 340 less, he would have lost 2%.
To find:-
- At what price did Mr. Shah purchase it?
Solution:-
Let the CP be Rs x .
- SP = CP + Profit
=>SP = x + 15 x / 100
=> SP = 115x / 100 = 115x / 100
loss = 2%
If it have been sold for Rs 340
=> 98x / 100 = 115x / 100 - 340
=> 340 = (115x - 98x) / 100
=> 340 = 17x / 100
=> x = 340 * 100 / 17
=> x = 2,000
Hence, required price is Rs.2,000.
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Step-by-step explanation:
Answer
Given :- Mr. Shah sold a sofa at a gain of 15%. Had he . it for 340 less, he
would have lost for 340 less, he
would have lost 2%
To find :-
- At what price did Mr. sahah purchase it?
Solution :- let the CP be Rs x
hence the Rs be, 2,000
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