Mohan bought 20 dining table for 15000 and sold them at profit equal to the s.p of 5 dining tables find the s.p of 1 table
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Answer:
Selling price of a dining table is 1000
Step-by-step explanation:
cost of 20 dining table = 15000
let sp of a dining table be y
15000+5y =20 y (given profit =sp of 5 tables)
15 y=15000 ;y=1000
so sp of all 20 tables=20000[15000+5(1000)]
y =1000=Selling price of a dining table
hope it helps
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