By selling a table for Rs. 350 instead of Rs. 400, loss increases by 5

1.	By selling a table for Rs. 350 instead of Rs. 400, loss increases by 5%. The cost price of table is:1. Rs. 4172. Rs.10503. Rs.4354. Rs.1,400
Answer» Correct Answer - Option 4 : Rs.1,400 Given: Initial Selling Price = Rs.400 Final Selling Price = Rs.350 Formula Used: Loss = CP – SP Calculation; Let the Cost Price of the table be Rs.x Let the initial loss be y So, the final loss = [(100 + 5)/100] × y = 1.05y Hence, we get: y = x – 400 ----(i) ⇒ 1.05y = x – 350 ----(ii) On combining the equations (i) and (ii), we get: 1.05 × (x – 400) = x – 350 ⇒ 1.05x – 420 = x – 350 ⇒ x = 1400 ∴ The cost price of table is Rs.1400

By selling a table for Rs. 350 instead of Rs. 400, loss increases by 5%. The cost price of table is:1. Rs. 4172. Rs.10503. Rs.4354. Rs.1,400

Answer» Correct Answer - Option 4 : Rs.1,400

Given:

Initial Selling Price = Rs.400

Final Selling Price = Rs.350

Formula Used:

Loss = CP – SP

Calculation;

Let the Cost Price of the table be Rs.x

Let the initial loss be y

So, the final loss = [(100 + 5)/100] × y = 1.05y

Hence, we get:

y = x – 400 ----(i)

⇒ 1.05y = x – 350 ----(ii)

On combining the equations (i) and (ii), we get:

1.05 × (x – 400) = x – 350

⇒ 1.05x – 420 = x – 350

⇒ x = 1400

∴ The cost price of table is Rs.1400

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By selling a table for Rs. 350 instead of Rs. 400, loss increases by 5%. The cost price of table is:1. Rs. 4172. Rs.10503. Rs.4354. Rs.1,400

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