document.write( "Question 523238: Two table were sold at rs.990 each, one at a profit of 10%. What are the cost prices of each of the tables? In this sale, did the seller make a profit or loss? What is the percentage of profit or loss? ( Hint: In the first case, 110% of cost price is 90% of cost price is 990) \n" ); document.write( "
Algebra.Com's Answer #347236 by Maths68(1474)![]() ![]() You can put this solution on YOUR website! Two table were sold at rs.990 each, one at a profit of 10%. What are the cost prices of each of the tables? In this sale, did the seller make a profit or loss? What is the percentage of profit or loss? ( Hint: In the first case, 110% of cost price is 90% of cost price is 990)\r \n" ); document.write( "\n" ); document.write( "Let \n" ); document.write( "original price of table sold at 10% profit = x \n" ); document.write( "110% of x = 990 \n" ); document.write( "110/100 * x = 990 \n" ); document.write( "11/10 *x = 990 \n" ); document.write( "x = 990 * 10/11 \n" ); document.write( "x = 9900/11 = 900\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Original Price of the table sold at 10% = 900 \n" ); document.write( "but \n" ); document.write( "the selling price was 990 = 990-900 = Rs. 90 (Profit)\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Total Price of two tables = 990 + 990 = 1980 \n" ); document.write( "Original price of other table = 1980-900 = 1080 \n" ); document.write( "But \n" ); document.write( "selling price was 990 = 1080-990 = 90 (loss)\r \n" ); document.write( "\n" ); document.write( "Profit - loss = 90-90 = 0\r \n" ); document.write( "\n" ); document.write( "Therefore seller broke even.\r \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |