Sreenivas sells a table to Shiva at 10% profit and Shiva sells it to Mahesh at 10% loss. At what price did Sreenivas purchase the table if Mahesh paid Rs. 2970? Choose the correct choice from the following choices: A) 3000 B) 2669 C) 2200 D) 2766 E) 2998
Let the cost price of table for Sreenivas be Rs. x and given that, cost price of table for Mahesh = Rs. 2970.   =&gt; (90%) of (110%) of x = Rs. 2970.   =&gt; (90/100)(110/100)x = 2970   =&gt; x = (2970 * 100)/(9 * 11)   =&gt; x = Rs. 3000   3000nswer: 3000
<result>A</result>
Sreenivas sells a table to Shiva at 10% profit and Shiva sells it to Mahesh at 10% loss. At what price did Sreenivas purchase the table if Mahesh paid Rs. 2970?