Question: A dealer sells a table for Rs 460 making a profit of 10%. He sells another table at a loss of 5% and on

A dealer sells a table for Rs 460 making a profit of

A dealer sells a table for Rs 460 making a profit of 10%. He sells another table at a loss of 5% and on the whole he makes neither profit nor loss. What did the second table cost him.

Step by Step Solution

★★★★★

3.44 Rating (157 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

The detailed ... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!

The Process The production process: Homework - continued 1. Extrudes the polypropylene liner, cools and coils it. 2. Uncoils the liner, braids wire around it and recoils it. 3. Uncoils the wire...

A dealer sells a goat for rupees 600 and there by gains 20 percent. He sells another goat at 5 percent loss and on the whole there is no loss no profit. Find the cost price of the second goat

The Crazy Eddie fraud may appear smaller and gentler than the massive billion-dollar frauds exposed in recent times, such as Bernie Madoffs Ponzi scheme, frauds in the subprime mortgage market, the...

KYC's stock price can go up by 15 percent every year, or down by 10 percent. Both outcomes are equally likely. The risk free rate is 5 percent, and the current stock price of KYC is 100. (a) Price a...

Referencing the Enron articles in Module 4 and the text, be able to explain from 3 to 4 "cultural elements conducive to unethical behavior" that created a culture of deceit, fraud, and illegality.

Due Sunday, 11/20: Problems from Zimmerman text: 2-11, 2-44, Case 2-3, 7-7, and 7-20 Chapter Two The Nature of Costs Chapter Outline A. Opportunity Costs 1. Characteristics of Opportunity Costs 2....

Evaluate the potential gains and losses for forwards,future,call options,put options and swaps. Outline and describe the different risks that each type of derivative contract faces. Describe...

Income Statement of an interior design firm, Grand Designs, that makes money by selling hours (fees) and by selling furniture or other items (Sale of Goods). 1) Using the formula for Profit Margin,...

assay of what you may think is important and what can be interesting from this reading. Does technology make your life easier? 1.1 Introduction: the "Easier-life Thesis" It is commonly repeated that...

MONETARY VALUE OF TIME: UNDERSTANDING COMPOUNDING AND REAL CHANGES Compounding is the eighth wonder of the world. He, who understands it, earns it . . . he who doesn't . . . pays it. Compounding is...

Homework Assignment 5 (Chapter... i Saved Help Save & Exit Submi Consider a profit-maximizing firm in a competitive industry. Under which of the following situations would the firm choose to produce...

Determine the tension in each segment of the cable and the sag at the 40-kip load. 1. 10 ft B y HB 30 ft 40 kips ' 60 kips 80 kips +30 ft 50 ft 50 ft + 30 ft

Merlin Enterprises sold the following equity investment on September 30, year 2: What is the amount of the realized gain or loss on Merlins year 2 income statement, assuming that the investment in...

Does the following rule define y as a function of x ? y = x 2 8 Does the relation define a function? Yes No

The following information concerns production in the Forging Department for June.The Forging Department uses the average cost method. a. Determine the cost per equivalent unit.b. Determine the cost...

The football coach at a Midwestern university was given a 5-year employment contract that paid $225,000 the first year, and increased at an 8% uniform rate in each subsequent year. At the end of the...

A model rocket is launched from point A with an initial velocity v0 of 86 m/s. If the rocket??s descent parachute does not deploy and the rocket lands 104 m from A, determine(a) The angle ? that v0...

A block (mass m1) lying on a frictionless inclined plane is connected to a mass m2 by a mass less cord passing over a pulley, as shown in Fig. 4-57. (a) Determine a formula for the acceleration of...

Your beginning salary is $50,000. You deposit 10% at the end of each year in a savings account that earns 6% interest. Your salary increases by 5% per year. What value does your savings book show...

One of the most popular ways to group activities is by the functions performed.TrueFalse

Jim (age 50) and Martha (age 49) are married with three dependent children. They file a joint return for 2012. Their income from salaries totals $50,000, and they received $10,000 in taxable...

Greg died on July 1, 2012, and left Lea, his wife, a $50,000 life insurance policy which she elects to receive at $5,000 per year plus interest for 10 years. In the current year, Lea receives $6,200....

Clarita is a single taxpayer with two dependent children, ages 10 and 12. Clarita pays $3,000 in qualified child care expenses during the year. If her adjusted gross income (all from wages) for the...

How might the three types of needs discussed in this section relate to the goals of many politicians? Would some needs be more important than others?

Would the cultural differences in the effects of praise be likely to affect areas of daily life other than educational situations?

The largest study of human sexual behavior conducted since the work of Alfred Kinsey began in 1983 and was spearheaded by: a. Alfred Kinsey, Jr. b. Janus and Janus c. Sharf and Titus d. Maron and...