A table was sold for Rs. 2,142 at a gain of 5%. At what price should it be sold to gain 10%.
Selling price = Rs. 2142
Profit percent = 5%
Let the cost price of the table = X
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Selling price = cost price + profit
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∴ cost price = Rs. 2040
Then, For the profit of 10%
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= Rs. 204
Selling price = cost price + profit
= 2040+204
= 2244
∴ The selling price of the table at 10% profit isRs. 2244
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