Question 119

A man buys one table and one chair for Rs. 500. He sells the table at a loss of 10% and the chair at a gain of 10%. He still gains Rs. 10 on the whole. The cost price of the chair is:

Solution

If the CP of the chair be Rs. x then,
Total SP = x*0.9 + (500-x)*1.1
So,, x = Rs. 300.


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