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Question

The cost price of a chair is Rs. 300 less than the cost price of a table. The chair is sold with a profit of 20%, while the table is sold at a loss of 10%. As a result, the total overall profit is Rs. 40. What is the cost price of the table?

A Rs. 900

B Rs. 1200

C Rs. 1000

D Rs. 840

E None of these

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