Answer :
Let × be the Cost Price of the chair.
SP of chair when sold at 12% gain = 112x/100
SP of chair when sold at 8% gain = 108x/100
Now, according to questions,
112x/100 – 30 = 108x/100
4x/100 = 30
× = (30 × 100) / 25
= Rs.750
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