SOLUTION: A man sold an almirah at a profit of 7 1/2% had he sold it for Rs.209, he would have lost 2%. for how much the man purchased it.

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Question 968418: A man sold an almirah at a profit of 7 1/2% had he sold it for Rs.209, he would have lost 2%. for how much the man purchased it.
Answer by dkppathak(439) About Me  (Show Source):
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A man sold an almirah at a profit of 7 1/2% had he sold it for Rs.209, he would have lost 2%. for how much the man purchased it.
let purchase cost is x rupees
sell price at 2% loss will be 0.98x equal to 209
0.98x=209
X=209/0.98=213.26
sell cost at 7.5% profit will be 213.26x1.075=229.26
cost price 213.26
sell price at profit 229.26