Question

Mohan bought $20$ tables for Rs. $12,000$ and sold them at a profit equal to the cost price of $4$ tables. Then the selling price of $1$ table is

• A. Rs. $720$
• B. Rs. $650$
• C. Rs. $550$
• D. Rs. $500$

Answer 1

The correct option is A Rs. $720$

S.P. of 20 tables $=12000+4\times 600=Rs14,400$
$\therefore$ S.P. of 1 table $=Rs720$