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The selling price and marked price of the dining table is 4 ∶ 5. If the shopkeeper gets the profit of 25%, then find the cost price of the dining table.
Rs. 6,200
Rs.6,000
Rs. 6,400
Rs. 6,500
None of the above
Rs. 6,400
Calculation: Cost price of Dining Table MP = ₹10,000 SP : MP = 4 : 5 ⇒ SP = (4/5) × 10,000 ⇒ SP = ₹8,000 Profit = 25% ⇒ CP = SP × 100 / 125 ⇒ CP = 8000 × 100 / 125 ⇒ CP = ₹6,400
Calculation:
Cost price of Dining Table
MP = ₹10,000
SP: MP = 4: 5
⇒ SP = (4/5) × 10,000
⇒ SP = ₹8,000
Profit = 25%
⇒ CP = SP × 100 / 125
⇒ CP = 8000 × 100 / 125
⇒ CP = ₹6,400
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