Multiple choice

A table was sold at a profit of 13%. If it were sold for Rs. 25 more, the profit would have been 18%. The cost price of the table was

  1. Rs. 100

  2. Rs. 500

  3. Rs. 200

  4. Rs. 1500
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Difference in profit is 18% - 13% = 5%. This 5% corresponds to Rs. 25. So, 0.05 * CP = 25. CP = 25 / 0.05 = 500.

AI explanation

Let the cost price of the table be x. The difference in profit percentages is 18% minus 13%, which equals 5%. This 5% of the cost price equals the Rs. 25 difference in the selling price. Setting up the equation 0.05x = 25, we solve for x to get 500. The cost price of the table was Rs. 500.

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