Multiple choice

The sum of selling price of a table on profits of 3% and 5% is Rs 63. Find the cost price of the table.

  1. Rs. 25.5

  2. Rs. 30.2

  3. Rs. 40.1

  4. Rs. 25.2

  5. None of these

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Let CP = x. Selling price at 3% profit = 1.03x. Selling price at 5% profit = 1.05x. Sum: 1.03x + 1.05x = 2.08x = 63. Solving: x = 63/2.08 = 30.288... ≈ 30.2. The cost price is Rs. 30.2, which matches option B. This is verified: 1.03×30.2 + 1.05×30.2 = 31.106 + 31.71 = 62.816 ≈ 63 (rounding acceptable).