A man sold his furniture at a 25% gain. Had he sold it at 15% loss, he would have received ₹800 less. Find cost price of the furniture.

₹2,500 ₹1,500 ₹2,000 ₹3,000

₹2,000

According to the question, Gain = 25% If we sold at 15% loss he would have received ₹800 less. Now, (25% + 15%) of CP = 800 40% of CP = 800 then, 100% of CP = 800 × \(\frac{100}{40}\) = ₹2,000