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Question

The labelled price of a cupboard is Rs. 6500. The shopkeeper sold it by giving 5% discount on the labelled price and earned a profit of 15%. What approximately is the cost price of the cupboard?


A

Rs. 5000

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B

Rs. 5370

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C

Rs. 5600

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D

Rs. 5800

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E

Rs. 6000

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Solution

The correct option is B

Rs. 5370


S.P. = 95% of Rs. 6500, = Rs. (95100×6500) = Rs. 6175.

Profit = 15% .

C.P. = Rs. (100115×6175)= Rs. 5369.56 = Rs. 5370.


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