Q3 of 94 Page 142

A dealer gets Rs. 30 less if instead of selling a chair at a gain of 12% he sells it at a gain of 8%. Find the cost price of the chair.

Let × be the Cost Price of the chair.


SP of chair when sold at 12% gain = 112x/100


SP of chair when sold at 8% gain = 108x/100


Now, according to questions,


112x/100 – 30 = 108x/100


4x/100 = 30


× = (30 × 100) / 25


= Rs.750


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1

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