3. Manish sold a dining table for 22000/- online and gained a profit of 10%. Find the cost price of the dining table.
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Step-by-step explanation:
selling price of table is rs. 22000
profit is 10%
so, cost price is 22000-10% of 22000
22000-2200= 19800
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Step-by-step explanation:
Profit = (S.P. of 20 tables) − (C.P. of 20 tables)
⇒ S.P. of 4 tables = S.P. of 20 tables − C.P. of 20 tab1es
⇒ S.P. of 16 tables = C.P. of 20 tables = Rs. 12000
⇒ S.P. of 1 dining table = Rs. 1612000= Rs. 750
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