utakarsh bought 20 tables for Rs 120000 and sold these at a profit equal to S.P of 4 table . find SP of one table
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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. 120000
⇒ S.P. of 1 dining table = Rs. 120000/16
= Rs. 7500
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