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Mukesh sold a table for Rs. 1840 at a lo...

Mukesh sold a table for Rs. 1840 at a loss of 8%. At what price did he purchase it?

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To find the cost price (CP) of the table that Mukesh sold for Rs. 1840 at a loss of 8%, we can follow these steps: ### Step-by-Step Solution: 1. **Understand the Given Information:** - Selling Price (SP) = Rs. 1840 - Loss Percentage = 8% 2. **Let the Cost Price (CP) be Rs. X.** 3. **Calculate the Loss:** - Loss Percentage formula: \[ \text{Loss Percentage} = \frac{\text{Loss}}{\text{CP}} \times 100 \] - From the problem, we know: \[ 8 = \frac{\text{Loss}}{X} \times 100 \] - Rearranging gives: \[ \text{Loss} = \frac{8X}{100} = \frac{2X}{25} \] 4. **Relate Loss to Selling Price and Cost Price:** - Since loss is defined as: \[ \text{Loss} = \text{CP} - \text{SP} \] - We can substitute the values: \[ \frac{2X}{25} = X - 1840 \] 5. **Solve for X:** - Rearranging the equation: \[ \frac{2X}{25} + 1840 = X \] - Multiply through by 25 to eliminate the fraction: \[ 2X + 1840 \times 25 = 25X \] - Calculate \(1840 \times 25\): \[ 1840 \times 25 = 46000 \] - Now the equation becomes: \[ 2X + 46000 = 25X \] - Rearranging gives: \[ 46000 = 25X - 2X \] \[ 46000 = 23X \] - Now, divide both sides by 23: \[ X = \frac{46000}{23} \] 6. **Calculate the Value of X:** - Performing the division: \[ X = 2000 \] 7. **Conclusion:** - Therefore, the Cost Price (CP) of the table is Rs. 2000. ### Final Answer: The cost price of the table is Rs. 2000.
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ICSE-PROFIT AND LOSS -EXERCISE 10
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  2. Amit bought a calculator for Rs. 960 and sold it for Rs. 1104. Find hi...

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  3. Ankita bought a mobile phone for Rs. 2350 and sold it for Rs. 2538. Fi...

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  4. Ayush bought a bicycle for Rs. 6250 and had to sell it for Rs. 5875. F...

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  5. Aman bought a computer for Rs. 24000 and its accessories pack worth fo...

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  6. A man bought a refrigerator for Rs. 35615 and paid Rs. 125 on its tra...

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  7. By selling a bicycle for Rs. 5670 a trader gains Rs. 270. Find his gai...

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  8. By selling a chair for Rs. 1410 a carpenter suffers a loss of Rs. 90. ...

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  9. A fruit-seller bought bananas at the rate of 3 for Rs. 8 and sold them...

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  10. Lemons are bought at the rate of 3 for Rs. 4. At what rate must they b...

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  11. The selling price of 12 pens is equal to the cost price of 14 pens. Fi...

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  12. The cost price of 12 oranges is equal to the selling price of 15 orang...

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  13. Vinay sold a plot of land for Rs. 143000, gaining 4%. For how much did...

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  14. John sold his T.V. set for Rs. 14100, losing 6%. For how much did he p...

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  15. On selling a bed for Rs. 10800, a carpenter loses 10%. For what amount...

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  16. On selling an almirah for Rs. 20350, a man gains 10%. What per cent do...

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  17. On selling a fan for Rs. 4700, a shopkeeper loses 6%. At what price mu...

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  18. Kamal sold two scooters for Rs. 19800 each, gaining 10% on the one and...

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  19. A buys an article for Rs. 650 and sells it to B at a profit of 20%. B ...

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