Question
The CP of a chair is Rs. 700 and the CP of a table is
Rs. 900 and marked price of both the items is same. If 20% and 30% discount is given on chair and table respectively and the overall profit is Rs. 450. Find total marked price of both the items.Solution
CP of chair and table is Rs. 700 and Rs. 900 respectively. Let the Marked Price of both chair and table be 100x SP of chair = Rs. 80x SP of table = Rs. 70x Total CP = 700 + 900 = Rs. 1600 Therefore, total SP = 1600 + 450 = Rs. 2250 2250 = 150x x = 15 Therefore, total MP = 2 × 100x = Rs. 3000
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