. Mr. Shah sold a sofa at a gain of 15%. Had he sold it for 340 less,

1.	. Mr. Shah sold a sofa at a gain of 15%. Had he sold it for 340 less, he would havelost 2%. At what price did Mr. Shah purchase it?
Answer» Given:- Mr. Shah sold a sofa at a gain of 15%. Had he sold it for 340 less, he would have LOST 2%. To find:- At what price did Mr. Shah purchase it? Solution:- Let the CP be Rs x. SP = CP + Profit =>SP = x + 15 x / 100 => SP = 115x / 100 = 115x / 100 loss = 2% If it have been sold for Rs 340 => 98X / 100 = 115x / 100 - 340 => 340 = (115x - 98x) / 100 => 340 = 17x / 100 => x = 340 * 100 / 17 => x = 2,000 Hence, REQUIRED price is Rs.2,000. ______________________________

. Mr. Shah sold a sofa at a gain of 15%. Had he sold it for 340 less, he would havelost 2%. At what price did Mr. Shah purchase it?

Answer»

Given:-

Mr. Shah sold a sofa at a gain of 15%. Had he sold it for 340 less, he would have LOST 2%.

To find:-

Solution:-

Let the CP be Rs x.

=>SP = x + 15 x / 100

=> SP = 115x / 100 = 115x / 100

loss = 2%

If it have been sold for Rs 340

=> 98X / 100 = 115x / 100 - 340

=> 340 = (115x - 98x) / 100

=> 340 = 17x / 100

=> x = 340 * 100 / 17

=> x = 2,000

Hence, REQUIRED price is Rs.2,000.

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