QI 1) Shiv sold his dining table at a loss of 20%. If he had sold for

1.	QI 1) Shiv sold his dining table at a loss of 20%. If he had sold for rs800 more, he wouldhave made a profit of 5%. Find the cost price.
Answer» Let the cost price be Rs x. According to question, selling price = CP-20% of CP= 0.8x SP+ 800= CP + 5%of CP 0.8x+800=x+0.05x 1.05x-0.8x=800 0.25x= 800 x=3200 Hence, the cost price is Rs 3,200. thanks I can't understand it

QI 1) Shiv sold his dining table at a loss of 20%. If he had sold for rs800 more, he wouldhave made a profit of 5%. Find the cost price.

Answer»

Let the cost price be Rs x.

According to question,

selling price = CP-20% of CP= 0.8x

SP+ 800= CP + 5%of CP

0.8x+800=x+0.05x

1.05x-0.8x=800

0.25x= 800

x=3200

Hence, the cost price is Rs 3,200.

thanks

I can't understand it