Mohan bought 20 dining tables for 12000 and sold them at a profit equal to the S.P. of 4 dining tables. Find the S.P. of each table.
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9
Answer:
Rs. 750
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.
16
12000
= Rs. 750
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