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