If a person sells a wooden furniture at 8% profit against 8% loss, then he could had earned Rs12 more. What is the cost price of furniture? Choose the correct choice from the following answers
A) 72	B) 70	C) 80	D) 75	E) None
Answer   Let Cost Price (CP) = x   Then Selling Price(SP) if he sells at profit = x(1+8%) = 1.08x   and SP, if he sells at loss = x(1-8%) = 0.92%   Given, 1.08%-0.92% = Rs12   0.16x = Rs.12   ⇒x = Rs.75   Correct Option: 75
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If a person sells a wooden furniture at 8% profit against 8% loss, then he could had earned Rs12 more. What is the cost price of furniture?