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By selling a table for $ 1140, a man loses 5%. in order to gain 5%, the table must be sold for
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- $ 1260
- $ 1320
- $ 1180
- $ 1250
Correct Option: A
Here , S.P. of table = $ 1140
On 5% loss ,
C.P. of table = 1400 × | = $ 1200 | 95 |
S.P. at 5% gain = | = $ 1260 | 100 |
Second method to solve this question :
C.P. = S P | ||||||
100 - Loss% |
C.P. = 1140 | ||||||
100 - 5 |
C.P. = | = $ 1200 | 95 |
S.P. = C.P × | ||||||
100 |
C.P. = 1200 | ||||||
100 |
C.P. = 1200 × | = $ 1260 | 95 |