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A person sold a table at 6.5% profit. If he had sold it for Rs. 1250 more he would have gained 19%. Find the cost price (In Rs.) of the table?1. 25002. 50003. 75004. 10000 |
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Answer» Correct Answer - Option 4 : 10000 GIVEN: A person sold a table at 6.5% profit. If he had sold it for Rs. 1250 more he would have gained 19%. FORMULA USED: SP = CP × [1 + Profit/100] CALCULATION: Suppose Cost price = Rs. x Given, Difference between 2 selling prices = Rs. 1250 ⇒ 119x/100 – 213x/200 = 1250 ⇒ 238x/200 – 213x/200 = 1250 ⇒ 25x/200 = 1250 ⇒ x = 10000 ∴ Cost price = Rs. 10000 |
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