Question

samy sold his dinning table set at a loss of 20%.if he had sold it for $800 more,he would have recevied a profit of 5%find the cost

Answer 1

P - .20P + 800 = 1.05P800/.25 = P

Answer 2

Answer:

The cost dinning table is 3200.

Step-by-step explanation:

Let the cost of dinning table be x.

Samy sold his dinning table set at a loss of 20%.

$SP=x-\frac{20}{100}x=x-0.2x=0.8x$

If he had sold it for $800 more,he would have received a profit of 5%.

$0.8x+800=x+\frac{5}{100}x$

$0.8x+800=x+0.05x$

$800=1.05x-0.8x$

$800=0.25x$

$\frac{800}{0.25}=x$

$3200=x$

Therefore the cost dinning table is 3200.