mahesh purchesed 20 tables for 12000 and on selling then he makes a profit to the selling price of 4 tables find the profit of one table?
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6
Answer:
120
Step-by-step explanation:
No. of tables purchased by Mahesh = 20
Total cost of 20 tables = Rs. 12000.00
Cost of each table = = Rs. 600
Selling Price = Rs. 12000 + Cost of 4 tables
= 12000 + 4 x 600
= 12000 + 2400
= Rs. 14400
Since, Selling Price > Cost Price,
Profit = Selling Price - Cost Price
= 14400 - 12000
= Rs. 2400
Now,
Profit of each table =
=
= Rs. 120
Therefore, Mahesh sold each table for Rs. 120 greater than the original Cost Price.....
Hence,
Selling Price of each table = 600 + 120 = Rs. 720
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