Discussion

Explanation:

Let A and B be the CP of the chair and the table respectively. So 1.15A + 1.2B = SP.
Hence, profit = 0.15A + 0.2B. Now consider statement II, CP = 1.1A + 1.2B. As per new CP, now profit will be
SP – CP = (1.15A + 1.2B) – (1.1A + 1.2B) = 0.05A + 0xB = 0.05A. Combining both statements, we get the
equation as
0.05A = 0.15A + 0.2B – 20. Still we cannot find the answer.

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