On selling a chair at 7% loss and a table at 17% gain, a man gains Tk. If he sells the chair at 7% gain and the table at 12% gain, then he gains Tk. The actual price of the table is
Solution
Correct Answer: Option A
Let table's price is t
chair's price is c
On selling a chair at 7% loss and a table at 17% gain, a man gains Tk. 296.
.93c + 1.17t = c+t + 296
=> .17t - .07c =296-----(1)
If he sells the chair at 7% gain and the table at 12% gain, then he gains Tk. 400.
1.07c + 1.12t = c+t + 400
.07c + .12t =400 -----(ii)
(i) + (ii)
.29t =696
t=2400
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