Sneha sells a microwave at a profit of 10%. Had she bought it for 10% less and sold it for ₹44 less, she would have made a profit of 20%. What is the cost price?

Explanation

1. 01

   Let CP = ₹x. Actual SP = 1.1x.

2. 02

   New CP = 0.9x and new SP = $1.2 \times 0.9x = 1.08x$.

3. 03

   The SP falls by $1.1x - 1.08x = 0.02x$ = ₹44.

4. 04

   $x = 44 \div 0.02$ = ₹2,200.