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A Man Sold A Chair At A Loss Of 6%. Had He Been Able To Sell It At A Gain Of 10%, It Would Have Fetched Rs. 96 More Than It Did. What Was His Cost Price?

Answer»

In the given PROBLEM, let C.P denote the cost PRICE,

then (100 +10)% of CP -(100-6) % of CP = Rs. 96

=>(110)% of CP - (94) % of CP = Rs.96

=>16 % of CP = 96

=> 16 / 100 = 96

=> CP = 96 x 100 / 16

=> 9600 / 16

= 600 Rs

Rs 600is cost price.

In the given problem, let C.P denote the cost price,

then (100 +10)% of CP -(100-6) % of CP = Rs. 96

=>(110)% of CP - (94) % of CP = Rs.96

=>16 % of CP = 96

=> 16 / 100 = 96

=> CP = 96 x 100 / 16

=> 9600 / 16

= 600 Rs

Rs 600is cost price.



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