Question

A furniture seller bought 20 table for Rs 120000 and sold these at a profit equal to the selling price of 4 table. Find the S.P of 1 table

Answer 1

Let the SP of 1 table be Rs.x

SP of 20 tables= Rs. x × 20

=20x

Profit= SP of 4 tables=4x

CP of 20 tables= Rs. 120000.

120000+ 4x= 20x

20x- 4x=120000

16x=120000

x=120000/16

x= Rs.7500

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